Petronas acquires stake in two fields offshore Brazil

April 26, 2019

Petrobras has entered into a sale and purchase agreement with Petronas Petróleo Brasil Ltda. for 50% working interest in the Tartaruga Verde field and Module III of the Espadarte field in the deepwater Campos basin. The value of the transaction is about $1.3 billion.



Leave a comment


Also in Offshore News

Norway gives go-ahead for Johan Sverdrup Phase 2

May 15, 2019

The Norwegian Ministry of Petroleum and Energy has approved the plan for development and operation of the Equinor-operated Johan Sverdrup Phase 2 project.

UK reserves up, but well count falls short

May 15, 2019

The Oil and Gas Authority has issued findings from its latest ‘Tier Zero’ meeting with managing directors of the 22 largest oil and gas producers on the UK continental shelf.

Converted shallow dive support vessel operating offshore Brazil

May 15, 2019

Damen and Wilson Sons Estaleiros recently completed the conversion of the platform supply vessel Fulmar to a shallow dive support vessel.