Brazil’s Petrobras to sell stake in Campo de Tartaruga oil field: filing

Must Read

OilNOW
OilNOW
OilNOW is an online-based Information and Resource Centre

(Reuters) – Brazilian oil company Petrobras said on Monday that it had begun the process to sell the entirety of its stake in the Campo de Tartaruga field, located in shallow waters in Bacia de Sergipe-Alagoas in the state of Sergipe.

Petrobras says it has a 25% stake in the field, while MahaEnergy Brasil Ltda has 75%.

The field produced approximately 580 barrels per day of light oil between January and May.

- ADVERTISEMENT -
[td_block_social_counter]
spot_img

Partnered Events

Latest News

“Largest foreign investment in Guyana’s history” – Top US official backs US$2 billion energy project

A U.S. loan backing the Gas-to-Energy project represents the “largest foreign investment in Guyana’s history,” according to U.S. Assistant...

More Articles Like This