Sinochem pays US$3.07 billion for stake in Brazilian oil field

    July 15, 2010 | BY

    clpstaff &clp articles

    PRC state-owned Sinochem Group has purchased a 40% share in a Brazilian oil field for US$3.07 billion cash from Statoil, a Norway-based oil and natural…

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    PRC state-owned Sinochem Group has purchased a 40% share in a Brazilian oil field for US$3.07 billion cash from Statoil, a Norway-based oil and natural gas company. The Peregrino oil