Petrobras starts binding phase for sale of MP Gulf of Mexico stake -Reuters

Petrobras informed bidding phase for assests regarding the sale of the entire 20 per cent stake held by its subsidiary Petrobras America Inc. (PAI) in the company MP Gulf of Mexico (MPGoM), located in Texas, which owns offshore fields in the Gulf of Mexico.(Petrobras)

Reporting by Carolina Pulice and Peter Frontini, Reuters

SAO PAULO
EnergiesNet.com 19 04 2022

Brazil’s Petrobras on Monday started the binding phase to sell its subsidiary 20% stake in Texas-based MP Gulf of Mexico LLC, which owns offshore fields in the region.

Potential buyers classified for this phase will receive a letter with instructions on the divestment process, Petrobras said in a securities filing.

Murphy Exploration & Production Company owns the remaining 80% stake in MP Gulf of Mexico.

Reporting by Carolina Pulice and Peter Frontini

reuters.com 04 18 2022

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