Petrobras teases deep water concessions

Petrobras teases deep water concessions

Corporate & Sovereign Strategy Gas Brazil Latin America Economy & Policy Equity Project & Infrastructure Finance

Brazil's state-owned oil company Petrobras on Monday released bidding information for prospective investors to assess four deep water oil and gas concessions in the Campos Basin off the coast of Rio de Janeiro. Petrobras is selling a 50% stake in the so-called Marlim Cluster – Marlim, Marlim Leste, Marlim Sul and Voador – and will retain the remaining 50% stake in the concessions. The pre-salt Brava reservoir that extends through Marlim and Voador, and the Tracajá reservoir in the Marlim Leste f

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