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BUSINESS · NOV 12, 2026
BP Negotiates Sale of Bumerangue Oil Block to Petrobras
BP Plc is in negotiations to sell its stake in the Bumerangue oil block off the coast of Brazil to Petrobras.
BP Plc is in negotiations to sell its stake in the Bumerangue oil block to Petrobras. The asset is located off the coast of Brazil and represents the largest oil discovery for BP in 25 years.
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BP PlcPetrobras S.A.
