Petrobras starts sale of Carmópolis cluster

Petrobras starts sale of Carmópolis cluster

Corporate & Sovereign Strategy M&A Equity Latin America South America Brazil Oil Pipelines Gas

Brazil's Petrobras said Friday that it had opened the bidding process for the Carmópolis cluster in the state of Sergipe as part of its ongoing asset sales program. The state-owned oil company will send instructions to qualified bidders for the 11 onshore oil fields and their production facilities in the cluster, it said in a securities filing. Carmópolis includes the Atalaia cluster, which contains the Aracaju Waterway Terminal and Bonsucesso-Atalaia oil pipeline, it added. Petrobras said it is

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