Petrobras Argentina SA (PER.BA)
23 Feb 2018
Latest Key Developments (Source: Significant Developments)
Karoon Gas Australia Ltd
Petroleo Brasileiro SA Petrobras:Says that it has concluded negotiations for sale of its 67.2 percent stake in Petrobras Argentina SA to Pampa Energia for $892 million.Says stake was held through Petrobras Participaciones SL.Says it will retain 33.6 percent of Rio Neuquen concession in Argentina and 100 percent of Colpa Caranda natural gas fields in Bolivia. Full Article
AMSTERDAM Marine engineering group SBM Offshore said a Brazilian investigation into its role in corruption cases had not been resolved and set aside an additional $238 million provision on Monday to cover costs from an unexpected U.S. inquiry.