Brazil's Petrobras eyes IPO of offshore gas pipelines in third quarter
12/1/2020
Brazil’s Petroleo Brasileiro SA is likely to sell a clutch of offshore natural gas pipelines via an IPO in the third quarter of 2021, chief executive Roberto Castello Branco said on an investor call.
He added that his estimate could change, as the potential IPO requires an agreement with other stakeholders in the pipes.
Reporting by Gram Slattery; Editing by Chizu Nomiyama
Sign up to Receive Our Newsletter
- Mitsubishi Heavy Industries Compressor acquires Swiss rotating equipment maintenance company AST Turbo AG
- Digital Exclusive: Evolving pressure relief valve designs protect LNG facilities
- Qatar’s Ras Laffan LNG hub hit by missile attack, ‘extensive damage’ reported
- JGC-Hyundai JV awarded EPC contract for major low-carbon LNG plant project in Papua New Guinea
- Iran attacks wipe out 17% of Qatar’s LNG capacity for up to five years
Comments