The Brazilian government has hired GCA to do the valuation of the pre-salt fields on their behalf. At this stage it is clear that Petrobras will go for an equity issue, but the conditions of it are yet unclear, as it depends on the negotiation for the transfer of rights for the new pre-salt oil fields.
If successful closure is reached on this discussion, Petrobras will have to pay the authorities for the new pre-salt fields, in addition to getting external capital to support its investment strategy 2010-2014. Learning objectives: The learning objectives concentrate on the strategy to the negotiation.
PUBLICATION DATE: January 01, 2011 PRODUCT #: IMD647-PDF-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING
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