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Home / News / Today's Headlines / Petrobras, Tpao to Invest $800 mln in Black Sea

22.05.2009

Petrobras, Tpao to Invest $800 mln in Black Sea

Ali Berat Meric, Bloomberg

Petrobas Gas SA and Turkish state-run energy unit Tpao will invest $800 million exploring for oil and gas in the Black Sea, Turkish President Abdullah Gul said.

Gul spoke to reporters in Ankara today at a news conference with Brazilian counterpart Lula da Silva.

 - Copyright 2009, Bloomberg. All rights reserved. 

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