Shell cancels Petro Rio deal for Bijupirá and Salema fields

2/16/2016

RIO DE JANEIRO – Petro Rio said Tuesday that Royal Dutch Shell has cancelled an agreement to sell an 80% stake in Bijupirá and Salema fields to the company.

The transaction, which would also have included the FPSO Fluminense, was announced in January 2015.

Bijupirá and Salema fields lie 250 km to the east of Rio de Janeiro.

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