Petrobras receives oilfield offers

Petrobras receives oilfield offers

M&A Corporate & Sovereign Strategy Energy Gas Regulation Brazil US Europe Canada

Brazil's Petrobras said it has received offers to sell shallow-water oilfields in the Enchova and Pampos clusters for more than $1bn, but did not disclose the names of the bidders. According to a report in Reuters, the local firm Ouro Preto Óleo e Gás presented the highest offer to buy the oilfields in the Campos Basin off the coast of the state of Rio de Janeiro. The report named Trident Energy, an oil and gas firm owned by the US private equity firm Warburg Pincus, as the other bidder. Ouro Pr

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