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Petrobras debates selling onshore operations in Brazil’s Bahia, Bloomberg says

Petrobras (PBR) is considering the sale of its onshore operations in Brazil’s Bahia state, Mariana Durao of Bloomberg reports, citing comments made by CEO Magda Chambriard. Producing oil and gas at Polo Bahia Terra is too expensive given it yields less than a single well on the pre-salt, Chambriard told journalists.

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