SAO PAULO, Feb 16 (Reuters) - Brazilian oil and gas companyPetro Rio SA said on Tuesday that Royal Dutch Shell had cancelled an agreement to sell offshore assets inthe Campos Basin for an undisclosed sum.
Europe's largest oil company, which gained approval lastmonth to take over BG Group, had agreed in January 2015to sell its 80 percent stake in the Bijupirá and Salema fields,along with a drill ship, to Petro Rio, known then as HRT. (Reporting by Gustavo Bonato and Brad Haynes; Editing by DavidGoodman)