Inform
Total moves on Petrobras' pre-salt assets, as the O&G sector gains confidence
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.
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:
- Majors exposure to deepwater Brazil
What's included
This report contains:
Other reports you may be interested in
20 November 2017
Corporate week in brief: Petrobras hails 'best ever' pre-salt exploration result in Brazil’s Campos Basin
Insight
Corporate week in brief: Petrobras hails 'best ever' pre-salt exploration result in Brazil’s Campos Basin
We look at Petrobras’ return to world class exploration success, Anadarko and Hess’ 2018 capital allocation plans and the latest M&A deals.
$70009 August 2019
Jupiter
Asset Report
Jupiter
Júpiter is a large pre-salt field in the Santos basin that we classify as technical given its challenging reservoir. The field ...
$2,90003 July 2017
Corporate week in brief: Total signs major Iranian gas deal
Insight
Corporate week in brief: Total signs major Iranian gas deal
We look at what a major Iranian gas deal means for Total, the performance of oil and gas shares in H1 2016 and the latest impairments.
$700
Trusted by leading organisations
