Petrobras' Ceara Cluster Shallow Water Fields Up for Sale

Gram Slattery
Friday, June 19, 2020
Credit: Petrobras

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

TotalEnergies and Partners Sign PSC Extension for Deepwater Block off Angola

TotalEnergies and Partners Sign PSC Extension for Deepwater Block off Angola

Africa Energy Aims to Start Production in South Africa by 2033

Africa Energy Aims to Start Production in South Africa by 2033

Shell Hires Subsea7 for Work at Aphrodite Development off Trinidad

Shell Hires Subsea7 for Work at Aphrodite Development off Trinidad

Current News

TotalEnergies and Partners Sign PSC Extension for Deepwater Block off Angola

Reach Subsea’s New 24-Meter USV Ready for Commercial Deployment

DNO Quadruples North Sea Production with Sval Energi Acquisition

FourPhase Nets Shell Contract for its Caribbean Oil and Gas Platforms

Subscribe for OE Digital E‑News

Offshore Engineer Magazine