Petrobras starts sale of more oilfields

Petrobras starts sale of more oilfields

M&A Corporate & Sovereign Strategy Energy Brazil

Brazil's Petrobras said it has started the sale of two oilfield concessions in the state of Bahia, the Recôncavo and the Rio Ventura clusters. The two clusters contain 22 onshore field with 14 in Recôncavo and eight in Rio Ventura has eight.  Potential bidders have until June 14 to show interest in the oilfields, Petrobras said in the teasers it published on its website.  The company added that it is still looking for a financial advisor to help with the sale. Petrobras is working with Itaú B

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