Brazil's Petrobras said in a securities filing on Nov. 21 that an injunction in a civil lawsuit has forced the company to suspend the sale of stakes in the Bauna and Tartaruga Verde oil fields. Petrobras will appeal, the filing said.
On Oct. 6, Petrobras said it was in exclusive talks with Karoon Gas Australia Ltd. to sell its 100% stake in the 45,000 barrels per day Bauna Field in the Santos Basin and a 50% interest in Tartaruga Verde, still in development, in the Campos Basin.
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