CADE has approved Petrobras taking over ONGC Videshâs 25% stake in the 577-sq km BM-BAR-001 contract and associated discovery evaluation plan in the Barreirinhas Basin.Â  The deal is now pending ANP approval.Â  The contract has been suspended for many years due to environmental permitting issues.
Petrobras (100%) take over ONGC Videshâs 25% stake in the BM-BAR-001 (577kmÂ²) contract and associated discovery evaluation plan offshore