Petrobras has started the sale of shelf deposits. LetterOne of M. Fridman is among potential buyers
Edited by Rhod Mackenzie / 2016-03-18 10:14:54
Petrobras has started to get rid of its assets and put up for sale the Bauna deposit.
Buyers have been already found for the Bauna deposit: LetterOne of M. Fridman, Petro Rio and Karoon Gas Australia.
Petrobras will choose the buyer within 3 months.
The Bauna deposit is located at the shelf of Brazil, 210 km off the coast.
Petrobras is a 100% operator of the deposit.
Oil extraction at the deposit started in 2013.
Besides the deposit, another few oil and gas sites have been put up for aucton for the total amount of $2 bln.
The deposits will be sold in the framework of the program of Petrobras on the sale of assets and debt settlement.
