Petrobras Announces Polo Garoupa Fields Sale

Tuesday, September 3, 2019

Brazil's state-run oil company, Petroleo Brasileiro SA, announced the binding phase of the sale of its 11 oil fields in shallow waters of the Santos basin and collectively known as Polo Garoupa.

Petrobras said in a securities filing that oil fields called Anequim, Bagre, Cherne, Congro, Corvina, Malhado, Namorado, Parati, Garoupa, Garoupinha and Viola are located 80 km (50 miles) off the coast and produced an average of 19,600 barrels a day in the past 12 months. 


(Reporting by Anthony Boadle; Editing by Peter Cooney)

Categories: Energy Oil South America

Related Stories

ExxonMobil Takes Ownership of FPSO Prosperity

Analysts: Trump Hardening Iran Policy Might Not Stem Flow to China

Orsted says US Green Energy Demand Will Grow Regardless of Election Results

Current News

Did You Know? Six Steps Cyber Attackers Take to Steal Maritime Data

RWE Picks Home Port for Construction of Denmark’s Largest Offshore Wind Farm

Halliburton Misses Profit Estimate Following Damaging Cyber Attack

Türkiye Offshore Wind Roadmap Outlines Up to 7GW Potential by 2040

Subscribe for OE Digital E‑News