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Petrobras Portfolio has $47 bln in Potential Divestments

Posted by December 21, 2017

Brazil's state-controlled oil company Petroleo Brasileiro SA has a portfolio of potential divestments worth $47 billion, Chief Executive Pedro Parente said on Thursday.
 

Petrobras' operating costs are practically stable despite an increase in the number of platforms in operation, Parente said in a presentation of the company's 2018-2022 plan to government leaders in Brasilia.

 

Reporting by Leonardo Goy 

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