Brazilian multinational corporation Petrobras Monday launched the sale of two sets of onshore concessions, Kallanish Energy learns.
The concessions are located in the northeastern state of Bahia, where Petrobras is operator and fully owns all but two concessions.
The board of directors of Brazilian state-owned Petrobras approved Tuesday an addendum to a transfer-of-rights oil contract which establishes a $9 billion reimbursement, Kallanish Energy reports.
