PetroRio acquires Wahoo/Itaipu from BP for US$140 million

November 24, 2020

On 19 November 2020, PetroRio announced the purchase of BP’s operated stakes in Wahoo (35.7%) and Itaipu (60%) in a deal worth up to US$140 million. The two undeveloped fields lie adjacent to each other in the northern part of the pre-salt play in the Campos Basin.