Petrobras sells stake in onshore field Rabo Branco to Petrom for $1.5 mm

Petrobras signed a contract to sell its entire 50% stake in the onshore field Rabo Branco, in the Sergipe-Alagoas Basin, Sergipe, to Petrom, for $1.5 million. The operation is in line with the company’s current strategy, which foresees the divestment of assets to reduce its debt.

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