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Brazil: Maha Energy announces the sale of Maha Energy Brasil to PetroReconcavo

Maha Energy has announced the sale of Maha Energy Brasil to PetroReconcavo. The total acquisition consideration is USD 174.1 million, with a purchase price of USD 138 million, subject to specific adjustments, plus USD 36.1 million to be paid upon successful achievement of earnout milestones. ....

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Petrobras Launches Binding Phase for Tartaruga

Brazilian oil company Petrobras has started the binding phase for the sale of its stake in the Tartaruga field, located in… ....

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