Mergers & Acquisitions ·
Petróleo Brasileiro S.A. – Petrobras entered into an agreement with Equinor Brasil Energia Ltda. to acquire a 50%…
PBRPetrobras - Petroleo Brasileiro SA
Petróleo Brasileiro S.A. – Petrobras entered into an agreement with Equinor Brasil Energia Ltda. to acquire a 50% interest in the Itaimbezinho block in the Campos Basin offshore area. Upon completion, the consortium will consist of Equinor (operator, 50%), Petrobras (50%), and Pré-Sal Petróleo S.A. (PPSA) as the manager of the Production Sharing Contract. The transaction is aligned with the company's 2026–2030 Business Plan to replenish oil and gas reserves. Petrobras is an integrated petroleum corporation operating in the energy sector.