Brazil's oil major Petrobras has sold assets worth billions to French Total as part of the company's cost reduction efforts.
Reuters reports that the deal concerns stakes in two of the so-called pre-salt fields. The Brazilian fields are located beneath a thick salt layer and are estimated to hold upwards of 50 billion barrels of oil.
Already a subscriber? Log in.
Read the whole article
Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers.
Start a free company trial todayMore from EnergyWatch
Ørsted aims to be number one on carbon capture
The utility hopes to win the Danish carbon capture and storage tender with a plan to capture 400,000 tonnes of CO2 by 2025 from the company’s biomass-fired combined heat and power stations.
H2 Energy calls for faster offshore wind tender to accelerate PtX efforts
With its 1GW hydrogen production, Swiss H2 Energy Europe is among the companies confident in a booming hydrogen industry in Denmark in coming years. For Denmark to take the lead, political action is needed, the company notes.
Statnett warns of potential strained power situation in Norway
The map of Norway’s power situation has received a splash of yellow in the southern region due to low water levels and uncertainty over future import options.
Nordex downgrades forecast
The German turbine manufacturer has had a rougher start to 2022 so far than expected, prompting the company to downgrade guidance by EUR 200m at minimum.
Frontline CEO: Russian oil flows quite freely on the market
Frontline is not taking the ”moral high ground” in regards to Russia but complies with the existing sanctions. Large amounts of Russian oil are still passing through the market, said chief executive Tuesday.
Engineer or physicist with an interest in energy, international work, supervision and regulation 
Strategic Business Development Consultant 
Commercially Oriented Senior Product Manager 
Project Developer 
Senior Market Director, Power Transmission 
IT supporter for the full range of support tasks 
Strategic project manager for the green transition 
Team Manager 
We are looking for project managers who will help shape the green transition and develop the business area "Sustainable Energy" 
Junior Analyst for Power Solutions 
Industry specialist and architect - Energy & Utility 
Experienced Contract Manager for one of the world's most important green projects