Petrobras sells Peruvian assets to CNPC for US$2.6 billion

As Petrobras continues to raise money for its pre-salt operations, Vinson & Elkins LLP has teamed up with Peru’s Miranda & Amado Abogados and Brazil’s Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados to help two subsidiaries of Chinese national oil company CNPC purchase all of Petrobras’s Peruvian assets.