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Brazilian state-run oil firm Petroleo Brasileiro SA (PETR4.SA) said on Friday that its Chinese partners in the Buzios pre-salt oil field will have to pay it $2.94 billion for its prior investment in exploration under the TOR rights to surplus oil found there.
Petrobras says Chinese partners to pay US$2.94 billion in Buzios field surplus Toggle share menu
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Petrobras says Chinese partners to pay US$2.94 billion in Buzios field surplus Brazilian state-run oil firm Petroleo Brasileiro SA said on Friday that its Chinese partners in the Buzios pre-salt oil field will have to pay it US$2.94 billion for its prior investment in exploration under the TOR rights to surplus oil found there.
FILE PHOTO: The facade of the headquarters of Petroleo Brasileiro S.A. (PETROBRAS) is pictured in Rio de Janeiro, Brazil December 9, 2019. REUTERS/Sergio Moraes
12 Jun 2021 09:55AM Share this content
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