Petrobras Completes its Exit from the Frade Field

• Sunday, 7th February 2021
• by Fatma Ahmed

Petrobras company announced that it has completed its 30% stake sale from the Frade field which is located in the Campos Basin, to PetroRio Jaguar Petrolelo Ltda, a subsidiary of PetroRio S.A that holds the remain ...

Shell confirms exit from Libya blocks

• Tuesday, 29th May 2012
• by Egypt Oil & Gas

Shell has decided to quit its Libyan exploration blocks amid insecurity and harsh contracts, in the first such move since the overthrowing of Muammar Gaddafi's regime.