Petrobras finalized the sale of its shares at Petrobras Oil & Gas B.V. (PO&GBV), the company producing oil in Nigeria, on Africa’s west coast.
Africa’s biggest economy, boasting a gross domestic product (GDP) close to $400 billion, Nigeria “plays a central role in Brazil’s engagement with Africa,” Brazilian Chanceller Ernesto Araújo said Tuesday (Dec.
Petrobras International Braspetro BV (Pibbv), a subsidiary of Brazil’s state-controlled giant Petrobras, unveiled the selling of its 50 percent stake in Petrobras Oil & Gas B.V. (Po&gbv), a joint venture in the Netherlands with BTG Pactual E&P B.V.
Amid concerns over the acts of violence perpetrated by Islamic extremist group Boko Haram in Nigeria, Brazil's oil giant Petrobras and its partners in the African country have adopted measures to ensure the security of their employees, premises and operations.
Português 
Español 
