INTERNATIONAL NEWS

Petrobras Puts More Offshore Fields Up For Sale

Petrobras has initiated the non-binding phase for sales of its interests in further fields offshore Brazil, according to Offshore report.

The latest offers are 50percent of the company’s non-operated interest in the Tartaruga Verde field and Module III of the Espadarte field, both in deepwater in the Campos basin.

Also offered is Petrobras’ entire stake in the shallow-water Baúna field in the BM-S-40 concession in the Santos basin.

At this stage, interested qualified bidders will receive instructions on the divestment process, including guidelines for the preparation and submission of non-binding proposals, and access to a virtual data room containing more information about the fields.

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