Brazil’s oil and gas player Brava Energia has withdrawn from talks for the purchase of the interests Petronas Petróleo Brasil Ltda. (PPBL), a subsidiary of Malaysia’s energy giant Petronas, holds in two Brazilian offshore fields.

FPSO Cidade Goytacazes Petronas Petr Brasil Ltda Augusto Alves Tartaruga Verde Campos Basin Finance Brava Offshore Energy Brazil PPBL Malaysia BM-C- Module