Brazilian buy: Karoon wraps up $665 million Bauna acquisition from Petrobras

Australian company also provides updated reserves estimates following more than year long wait to seal Santos basin deal

Brazilian celebration: Karoon has sealed its $665 million acquisition of the Bauna oilfield off Brazil
Brazilian celebration: Karoon has sealed its $665 million acquisition of the Bauna oilfield off BrazilPhoto: AFP/SCANPIX
Published 9 November 2020, 02:41Updated 9 November 2020, 13:13