Inform
Total moves on Petrobras' pre-salt assets, as the O&G sector gains confidence
Loading current market price
Report summary
Total acquired stakes in two of Petrobras’ pre-salt licences in the prolific Santos Basin, more than doubling its exposure to deepwater Brazil. The company also made a strategic entry to Brazil’s gas and power sector. The US$2.2 billion deal reflects Total’s shift to a more aggressive business development, buoyed by a rebound in oil prices and a new phase of strong cash flow growth.
What's included
This report contains
Table of contents
- Total moves on Petrobras' pre-salt assets, as the O&G sector gains confidence
Tables and charts
This report includes 1 images and tables including:
Images
- Majors exposure to deepwater Brazil
You may be interested in
Company report
Repsol corporate - reported results analysis
Company report
Rosneft corporate - reported results analysis
Company report
CNPC corporate - global upstream portfolio analysis
Questions about this report?
-
Europe:+44 131 243 4699
-
Americas:+1 713 470 1900
-
Asia Pacific:+61 2 8224 8898