We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
| Name | Symbol | Market | Type |
|---|---|---|---|
| Petroleo Brasileiro S.A. Petrobras | BOV:PETR4 | Bovespa | Preference Share |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.713685 | -1.77% | 39.72 | 40.69 | 39.45 | 40.69 | 45,114,200 | 01:32:01 |
From May 2023 to May 2024
By Jeffrey T. Lewis
SÃO PAULO--Equinor said Monday that it and its partners Petróleo Brasileiro and Repsol Sinopec Brasil approved a $9 billion investment in an offshore oil field.
The area, designated BM-C-33, consists of three discoveries containing recoverable reserves of more than 1 billion barrels of oil equivalent, Equinor said.
The fields are located about 125 miles off the coast of Rio de Janeiro state under waters up to 1.8 miles deep, according to Petrobras, as Petróleo Brasileiro is commonly known. The wells will be connected to a floating production, storage and offloading unit, or FPSO, with the capacity to process oil and gas and prepare them for sale.
The fields should enter production in 2028, Equinor said. Equinor and Repsol each own 35% of the field, and Petrobras owns the remaining 30%.
Write to Jeffrey T. Lewis at jeffrey.lewis@wsj.com
-0-
(END) Dow Jones Newswires
May 08, 2023 09:48 ET (13:48 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
1 Year PETROBRAS PN Chart |
1 Month PETROBRAS PN Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
