Vitol and 25% partners Africa Oil Corp + Delonex Energy have agreed to acquire a 50% ownership interest in Petrobras Oil and Gas B.V. operating locally for USD 1.407 bn.Â  BTG Pactual E&P B.V. will retain the remaining 50%. The transaction is subject to usual approvals. Involved are an indirect 8% in OML 127 (Agbami field, Chevron op), and an indirect 16% in OML 130 (Akpo + Egina fields, Total op).
Nigeria, OML 127