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Starboard offers highest bid for Papa-Terra oilfield

SAO PAULO, November 25, 2020

Brazilian state-controlled oil company Petrobras said asset manager Starboard Asset has bid $90 million for its Papa-Terra oilfield in the Campos Basin, a securities filing showed, Reutes reported
 
Petrobras added Starboard's offer was the highest, but that it was not yet possible to say if both companies would reach a final agreement.



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