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Petrobras Offers Rights in Onshore, Offshore Fields

Posted by April 3, 2018

Brazil's state-run oil company Petroleo Brasileiro said on Tuesday it initiated the sale of 50 percent of production and exploration rights in offshore fields Tartaruga Verde and a section of Espadarte, without transfer of operations.
 

Petrobras also said in a separate securities filing it had initiated the process to divest its 100 percent stake in the Baúna field located in the Santos basin. In yet another filing, Petrobras said it began the binding phase for sale of exploration and production rights in two onshore oilfields called Riacho da Forquilha e Miranga.

 

Reporting by Ana Mano 

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