Rosneft seals $96m Solimoes deal

Acquisition: Solimoes basin

Russian state-owned Rosneft is paying $96 million to acquire control of the Solimoes project in Brazil from partner HRT, while also providing a loan to the latter, under a deal that has now been finalised.


Become an Upstream member!

Membership includes a subscription to our weekly newspaper providing in-depth news from the energy industry, plus full-access to this site and its archives. Still not convinced? Try our free trial.

Already a member?