AcquisitionsJun 10, 2026, 08:27 AM
Petrobras Acquires 50% Stake in BM-C-33 Concession from Equinor
AI Summary
Petrobras announced the acquisition of a 50% stake in the BM-C-33 concession from Equinor. This strategic move aims to maximize synergies in the Campos Basin, where Petrobras already operates neighboring assets in partnership with Equinor. The transaction has complied with internal governance procedures and is aligned with the company's Business Plan 2026-2030, though it remains subject to governmental and regulatory approvals from CADE and ANP.
Key Highlights
- Petrobras acquired a 50% stake in the BM-C-33 concession.
- The stake was acquired from Equinor.
- The concession is located in the Campos Basin.
- The acquisition aims to maximize synergies with existing assets like the Raia project and Jaspe exploration license.
- The transaction is subject to approvals from Brazil's CADE and ANP.
- The acquisition aligns with Petrobras's Business Plan 2026-2030.
Price Impact
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