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12 April 2021 (Last Updated April 12th, 2021 11:54)
The board of Petrobras has approved an agreement with the Brazilian Government for the potential sale of excess reserves from the Sepia and Atapu offshore oil fields.
The Sepia and Atapu deepwater fields are located in the Santos basin pre-salt off the coast of Brazil. Credit: Kristina Kasputienė / Pixabay.
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The board of Petrobras has approved an agreement with the Brazilian Government for the potential sale of excess reserves from the Sepia and Atapu offshore oil fields.
Under the agreement, Petrobras will receive compensation in the event of a bid for the transfer of rights for surplus volumes in the two fields.