Petrobras' Ceara Cluster Shallow Water Fields Up for Sale

Gram Slattery
Friday, June 19, 2020

Brazilian state-run oil firm Petrobras has kicked off a sale process for its Atum, Curima, Espada and Xareu offshore oilfields, the company said on Friday.

In a securities filing, Petroleo Brasileiro SA, as the company is formally known, said the shallow-water fields produce 4,200 barrels per day of oil and 76,900 cubic meters per day of gas. 

They are located off the coast of Ceara state, in northeastern Brazil.

(Reporting by Gram Slattery Editing by Chizu Nomiyama)

Categories: Energy Products Activity Production South America Shallow Water

Related Stories

ADIPEC Urges Efforts to Assist Emerging Economies

Norwegian Firm Applies for Offshore Wind Lease in Chile

Trident Energy Brings Ceiba Field’s Infill Well Onstream in Equatorial Guinea

Current News

INEOS Orders CO2 Carrier

UK Approves Five Subsea Power Cable Projects

BP’s Renewables Scale-Back Won't Affect Wind JV

Importance of Proactive Security Monitoring to Beat Cyber Security Threats

Subscribe for OE Digital E‑News