![Today, Halo and Demographica announce a new specialist agency, Second Rodeo]], headed up by Mike Stopforth (left). Dean Oelschig, managing partner and founder of Halo (right) says they will work as a group but ultimately, each agency will be an individual specialist](https://biz-file.com/c/2505/772543-64x64.jpg?2)
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Brazil's Petrobras to purchase offshore oil block stake in South Africa
Brazilian state-run oil company Petrobras announced on Tuesday, 1 October 2024 that its board gave a green light to acquire a 10% stake in the offshore Deep Western Orange Basin (DWOB) oil block in South Africa, according to a securities filing.
Source: Reuters.
The purchase of the stake in the deep water field followed a competitive process held by French oil major Total, which operates the project and will retain a 40% stake in the block.
Source: Reuters
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Go to: https://www.reuters.com/