Brazilian president disposes of Petrobras CEO – again
The Brazilian president has disposed of the company’s third CEO in two years.
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The Brazilian president has disposed of the company’s third CEO in two years.
ByThe firms are planning to boost the Bacalhau field’s production capacity, with potentially double investment.
The four concessions that were considered for sale include BM- SEAL-4, 4-A, 10, and 11.
The sale form part of Petrobras’ efforts to focus on its assets in deep and ultradeep waters.
If talks materialise, PetroReconvaco will receive a 60% operatorship stake in the cluster while Eneva will hold the remaining 40%…
The production has been started through FPSO Guanabara, which can produce up to 180,000 barrels of oil per day.
The divestment of the stake in the Tartaruga field is part of Petrobras’ plan to focus more on profitable deepwater…
Company shareholders remain uncertain of Petrobras’ direction after CEO and chair nominees withdraw.
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