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

Must Read

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.


Partnered Events

Latest News

S&P ranks Guyana top upstream investment destination among Atlantic Margin basins

S&P Global analysts have placed Guyana at the top of a list of 10 Atlantic Margin basins, in its...

More Articles Like This