Market intelligence, trend analysis and forecasts for the Oil and Gas industries across the regions

Industry / Angola

Prospect Of Galp Brazil Stake Sale To Spark International Interest

March 2011 | Industry News

Portuguese oil and gas company Galp Energia is considering selling a 30% stake in its Brazilian assets in order to fund its investment commitments in the country, according to a report in Portugal's Jornal de Negόcios newspaper.

To read the full article, please choose one of the following options:

Subcribers please log in

Related Insight Articles
Petrobras Set To Gain From Fuel Price Compromise

Industry / Brazil News that the government may cut fuel taxes to offset a rise in prices at the pump will be welcomed by Petrobras, whose refining margins have been squeezed by soaring crude prices.
April 2011
Aggressive Exploration Strategy Pays Off With OGX Reserves Upgrade

Industry / Brazil OGX's ambitious offshore Brazil exploration campaign is paying off, with potential resources now put at 10.8bn boe. Steps towards proving up reserves at OGX's Campos Basin acreage could spark renewed interest...
April 2011
Strong Guará Norte Flow Rates Boost Outlook For BG And Petrobras

Industry / Brazil Successful well testing at Guará Norte is a very good sign that the development of the project, scheduled to come onstream in 2013, is on track. The Guará, Lula and Iracema projects are central to BG's...
April 2011
Statoil's Peregrino Takes Flight As Offshore Output Set To Soar

Industry / Brazil Statoil has started production at the first phase of its Peregrino heavy oil field offshore Brazil, putting the company on course to become Brazil's second-largest producer after national oil company Petrobras...
April 2011
Galp Talks Up Brazilian Sale As Cash Concerns Take Centre Stage

Industry / Brazil Portugal's Galp Energia is inching closer to a sale of a stake in its Brazilian assets in order to raise funds. Galp's objective is to raise around EUR2bn (US$2.8bn), the company's CFO, Claudio de Marco,...
March 2011


All material on this site is protected by international copyright laws and use of this site is subject to our Terms & Conditions.
© 2012 Business Monitor International Ltd
Site powered by WORKSsitebuilder CMS