Thursday, January 23, 2025

Bids for Petrobras' Shallow Water Fields Surpass $1 Bln

June 13, 2019

(Photo: Petrobras)

Brazilian state-run oil firm Petroleo Brasileiro SA said on Thursday it received final proposals for shallow water fields Polos Enchova and Pampo that surpass $1 billion in value, according to a securities filing.

The transaction is still subject to internal approvals, the company said, adding the bids were received on June 5.


(Reporting by Ana Mano Editing by Chizu Nomiyama)

Related News

Marine Technology ENews subscription

World Energy News is the global authority on the international energy industry, delivered to your Email two times per week.

Subscribe to World Energy News Alerts.