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To buy 40% stake with operations in Talara Basin NW Peru. Production 15,000 BO/d.

Petrobras International Braspetro, a Netherlands-based subsidiary of Brazilian oil giant Petrobras, plans to acquire a 40% stake in Petrobras subsidiary Petrobras Energia Peru SA, Lima, for US$423.3 million. Petrobras Energia Peru operates primarily in the Talara Basin in northwestern Peru with production of approximately 15,000 barrels of oil per day.