Japan JV sells stake in Brazil's Frade oil field to PetroRio

Japan JV sells stake in Brazil's Frade oil field to PetroRio

Photo by rawpixel.com on Unsplash

Japan‘s Inpex Corp, Sojitz Corp and Japan Oil, Gas and Minerals National Corp (JOGMEC) said on Thursday they exited the Frade oil field in Brazil by selling their stakes to partner PetroRio S.A.