Petrobras Disposals Unaffected by Impeachment, Field Bidder Says

  • Petro Rio bid about $500 million for offshore Bauna field
  • Company expects Petrobras to announce results of sale in May

Political turmoil in Brazil shouldn’t stop Petrobras from completing asset sales it has already opened up to bidders, according to one company vying for the state-controlled driller’s Bauna offshore field.

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