August 11, 2020 |
Brazil's state-owned oil company Petrobras announced on Friday that it has started taking bids for its stakes in offshore and onshore oil fields as it moves ahead with an ongoing divestment program.
The company has offered to sell four shallow-water fields – Atum, Curimã, Espada and Xaréu – off the coast of the state of Ceará. The Ceará cluster has been in operation since the 1980s and produced 4,200 barrels of oil and 76,900 cubic meters of gas per day from nine platforms in 2019.
Brazil's state-owned oil company starts taking bids for six offshore and seven onshore oil fields