Brazil M&A | Equinor’s flagship Brazil exit reinforces PRIO’s position as the leading LatAm dealmaker
May 9, 2025
On 1 May 2025, PRIO announced the acquisition of Equinor’s 60% operating stake in the Peregrino and Pitangola heavy oil fields for a headline consideration of US$3.35 billion. The fields are located in the shallow waters of the southern Campos Basin.