December 18, 2017 / 1:03 PM / a year ago

RPT-Petrobras CEO expects $2.9 bln oilfield deal with Statoil to be looked at by Brazilian court

(Repeats text without changes to attach to alerts)

OSLO, Dec 18 (Reuters) - A transaction between Statoil and Petrobras that could be worth up to $2.9 billion will likely be scrutinised by Brazil’s Federal Court of Accounts (TCU), the CEO of Petrobras said on Monday.

“It may be delayed a bit, but it will not stop the process,” Pedro Parente told reporters.

Statoil agreed to buy a 25-percent stake in Roncador, one of the country’s largest oilfields on Monday. The transaction will take effect from Jan. 1 and is subject to approval in Brazil. (Reporting by Nerijus Adomaitis, editing by Gwladys Fouche)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below