Petrobras U-turn: Yinson back in the picture for Parque das Baleias floater

Oil giant agrees price cut and two sides are close to signing agreement worth more than $5 billion

Imminent deal: the P-58 is one of four FPSOs already producing in the Parque das Baleias field offshore Brazil — Imminent deal: the P-58 is one of four FPSOs already producing in the Parque das Baleias field offshore BrazilPhoto: STEFERSON FARIA/PETROBRAS

Fabio Palmigiani

Rio de Janeiro

Published 27 October 2021, 23:19Updated 28 October 2021, 09:34

Brazil Petrobras Yinson Holdings Parque das Baleias Campos basin