While TotalEnergies (28%), Qatar Energy (21%) and Petronas (21%) made the top offer for Sepia field, Petrobras, formally Petroleo Brasileiro SA, later entered the consortium by exercising preference rights to take a 30% stake.
RIO DE JANEIRO: Malaysia's Petronas, France's Total, Royal Dutch Shell, and Qatar Energy on Friday scooped up big offshore oil fields in Brazil together with state-owned Petrobras, paying nearly $2 billion to its cash-strapped government.
While TotalEnergies (28%), Qatar Energy (21%) and Petronas (21%) made the top offer for Sepia field, Petrobras, formally Petroleo Brasileiro SA, later entered the consortium by exercising preference rights to take a 30% stake.
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