Petrobras Oil & Gas comes into the sales process

Petrobras announced the first sale of Petrobras ' total Oil & Gas (POGBV), joint venture between the brazilian State with 50%, BTG Pactual E&P, which holds 40 percent and the Helios Investment Partners with the other 10%. The opportunities (teases) is the initial step for sale that is part of the company's divestment plan.

The joint venture participates in two deepwater blocks in Nigeria in the fields of Agbami, Akpo fields, the Aegina and Preowei, the latter still developed. The Akpo fields and Aegina (whose production should begin by the end of 2018) are operated by Total, while Agbami is controlled by Chevron.

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