Petrobras contests order blocking offshore field sales

Offshore staff

RIO DE JANEIRO Petrobras plans to appeal against an injunction granted to suspend divestment of concession rights for the offshore Baúna and Tartaruga Verde fields.

The company says the transaction was conducted in compliance with the stages laid down in Brazil’s Divestment System, designed to ensure widespread competition among potential interested parties.


Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Evolution or Revolution: IT / OT convergence means a world of possibilities

The oil and gas industry is experiencing a rapid paradigm shift in regards to digital transformat...

Predict, Prescribe, Profit: Creating a World that Doesn't Break Down

What are you doing to reduce unplanned downtime at your plant? Equipment breakdowns and process i...

A Traders Guide to Analysis and Research

An e-book dedicated to helping you improve your analysis by looking at RBOB futures performance. ...

Storm Impact Analytics for Utilities

In recent years, increasingly volatile and extreme weather events have significantly impacted the...