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Petrobras (PBR) agrees to sell a stake in an oil and gas exploration block offshore Tanzania to...

Petrobras (PBR) agrees to sell a stake in an oil and gas exploration block offshore Tanzania to Statoil (STO) for an unspecified amount. PBR will continue to operate the block with a 38% stake, while Shell (RDS.A, RDS.B) will retain a 50% share and STO 12%. The deal is part of $9.9B in planned divestments as PBR focuses on developing offshore fields in Brazil.
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  • 8310031
    , contributor
    Comment (1) | Send Message
     
    Where is this gas exploration block in relation to:

     

    TXO and Empire both investors in Tasmanian Oil and Gas Ltd. ?
    24 May 2013, 12:55 PM Reply Like
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