Karoon nears completion of $665 million Brazilian offshore oilfield acquisition

Deal signed more than a year ago expected to wrap up later this month

Waiting on approval: Karoon expects its acquisition of the Bauna oilfield off Brazil to be completed later this month
Waiting on approval: Karoon expects its acquisition of the Bauna oilfield off Brazil to be completed later this monthPhoto: REUTERS/SCANPIX
Published 5 October 2020, 00:03Updated 5 October 2020, 00:05