Floating Production Intelligence

Floating Production Intelligence

Petrobras May Sell Stakes in Marlim, Papa-Terra

December 5, 2019

Floating Production Intelligence LLC.
AdobeStock_970776.jpeg

Brazilian state-run oil firm Petrobras is considering putting additional stakes in significant offshore oilfields up for sale, executives said on Wednesday, as the company continues to aggressively de-leverage.

In a presentation, the executives said they may sell stakes in the Marlim field, as well as the firm's majority stake in the Papa-Terra field, both located in Brazil's offshore Campos Basin.

Roberto Castello Branco, chief executive of Petroleo Brasileiro SA, as the firm is formally known, said parts of Marlim could fetch between $2 billion and $4 billion.


(Reporting by Rodrigo Campos; Writing by Gram Slattery; Editing by Bill Berkrot)

Floating Production Intelligence

  • Annual five year outlook and forecast FPSO database - The online database is updated every day – with information direct from primary sources. In the database are details for 200+planned projects, 390+ installations in service, 40+ floaters on order and 40+ floaters available. The database is fully searchable. Customized charts and spreadsheets can be directly produced from the database. Data are easily exported to excel spreadsheet.

Order Now!

Request a Demo