Global Business in Iran Database

In-depth metrics and analysis of Iran's international economic partnerships.

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Petrobras, Ending Operations

description

Petrobras is considering pullout out of operations in the Persian Gulf and Caspian Sea after both blocks it was exploring failed to produce commercially viable oil.  Petrobras dug two wells; over the last few years investing some $500 million. 

Status

  • Current Status:
  • Discussion Date: Mon, 2009-11-16
  • Contract Date:
  • Completion Date:

Citation

1. "Brazil Petrobras Considers Ending Iran Operations", WSJ, 16 November 2009, available at http://online.wsj.com/article/BT-CO-20091116-711245.html.

All projects by Petrobras