Oil company Petrobras, which is a resident of Brazil, stated that it was going to get rid of all of their assets in offshore zones, due to the low prices for oil markets. In total, oil and gas fields put up for sale at $2 billion. Unnamed sources told Bloomberg, that the conversation is about the three fields - Bauna, Golfinho and Tartaruga. The deal will lead and implement the Bank of America Merrill Lynch.
As soon as rumors leaked to the media, oil and gas fields immediately interested companies such as Petro Rio SA, LetterOne Holdings SA and Karron Gas Australia Ltd. The final decision on the sale of offshore assets, Brazilian Petrobras' management is obliged to take within 90 days.
The company Petrobras is forced to sell their assets offshore because of the low prices for oil markets and because of the corruption scandal, in which the entire top management resigned. After sales of doubtful assets, the new management of the company intends to raise up to $14.4 billion of private investment.
What do you think about the future of this company?
As soon as rumors leaked to the media, oil and gas fields immediately interested companies such as Petro Rio SA, LetterOne Holdings SA and Karron Gas Australia Ltd. The final decision on the sale of offshore assets, Brazilian Petrobras' management is obliged to take within 90 days.
The company Petrobras is forced to sell their assets offshore because of the low prices for oil markets and because of the corruption scandal, in which the entire top management resigned. After sales of doubtful assets, the new management of the company intends to raise up to $14.4 billion of private investment.
What do you think about the future of this company?