Indians Increase Holding in Petrobras Block

Indians Increase Holding in Petrobras Block

Brazil M&A India

India Oil and Natural Gas Corporation (ONGC) subsidiary ONGC Videsh has moved to acquire an additional 12% stake in a Petrobras oil block in the Parque das Conchas in Brazil’s Campos Basin for $529m, it says. The Indian says that it, along with Shell

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