Petrobras (PBR) is seeking a JV partner to invest as much as $4B into its deepwater drilling...

|About: Petrobras - Petroleo Brasil... (PBR)|By:, SA News Editor

Petrobras (PBR) is seeking a JV partner to invest as much as $4B into its deepwater drilling operations in the U.S. Gulf of Mexico, WSJ reports. The asset sales are part of a previously announced plan to raise nearly $15B to fund its five-year investment plan; PBR has looked to scale back its investment in the U.S. and in other non-Brazilian operations.