Tnk-bp Nears Deal For Stake In Brazil Deposit

BP's Russian joint venture TNK-BP hopes to close a deal to buy a 45% stake in an oil and gas deposit in Brazil's Solimoes region from Petra Energia SA within one month, the company's Deputy Chief Executive Maxim Barsky said.

BING NEWS:
  • Rosneft Nears TNK-BP Deal: Russian Oil Rush Starts Here
    At the very (very) minimum, BP might sell some of its stake for a cash and shares deal (10% has been floated), with strict contractual clauses that instantly link any TNK-BP exit to new upstream ...
    10/17/2012 - 6:34 am | View Link
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