Petrobras opens bidding for onshore fields
Petrobras opens bidding for onshore fields Brazilian state-owned oil company starts binding phase for four onshore oil concessions and related production facilities
Corporate & Sovereign StrategyEconomy & PolicyM&AEquityBrazilLatin America Brazilian state-owned oil company Petrobras on Friday started the bidding process for the sale of four onshore field concessions in the state of Espírito Santo.
Petrobras is selling the entirety of its 100% stake in the Cancã, Fazenda Alegre, Fazenda São Rafael and Fazenda Santa Luzia fields – collectively known as the North Capixaba Cluster - and related production facilities and land.
Potential qualified buyers will receive a process letter with instructions on the divestment process and guide