Bids for Petrobras' Shallow Water Fields Surpass $1 Bln

Thursday, June 13, 2019

Brazilian state-run oil firm Petroleo Brasileiro SA said on Thursday it received final proposals for shallow water fields Polos Enchova and Pampo that surpass $1 billion in value, according to a securities filing.

The transaction is still subject to internal approvals, the company said, adding the bids were received on June 5.


(Reporting by Ana Mano Editing by Chizu Nomiyama)

Categories: Energy South America

Related Stories

Petrobras’ Proven Oil and Gas Reserves Climb to 12.1 Bln Boe

ExxonMobil Picks Sentinel Proactive System to Guard Guyana’s Gas Pipeline

Denmark, Germany Agree to Proceed with Bornholm Energy Island Wind Project

Current News

Dajin, Zima Plan Offshore Wind Foundations Plant at Spain's Gijon Port

First Turbine Stands Tall at Dominion Energy’s 2.6GW US Offshore Wind Farm

SeaBird Exploration Signs Contract Extension for Seismic Research Vessel

HSI Rolls Out Zingst Offshore Substation Topside for German TSO

Subscribe for OE Digital E‑News