Petrobras teases more offshore concessions

Petrobras teases more offshore concessions

M&A Debt Equity Economy & Policy Corporate & Sovereign Strategy Brazil Latin America Gas

Brazil's state-owned oil company Petrobras said Friday that it issued a teaser document for the sale of two deep-water exploration and production (E&P) concessions off the coast of Rio de Janeiro. Petrobras is working with Scotiabank on the sale of the Albacora and Albacora Leste fields in the Campos Basin, which produced 38,700 barrels of oil per day and 716,000 cubic meters of gas per day in August, according to the teaser. The state-owned company owns 100% of Albacora and 90% of Albacora

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