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Brazil's Petrobras advances sale of rights to shallow-water oil fields [Reuters]

PETROLEO BRASILEIRO SA (PBR.A)  More Company Research Source: Reuters
US:NYSE Investor Relations: investidorpetrobras.com.br/en
PDF Brazil's Petrobras advances sale of rights to shallow-water oil fields | Reuters Reuters Staff 1 Min Read SAO PAULO, April 6 (Reuters) - State-run oil company Petroleo Brasileiro SA said it had initiated the binding phase of the process to sell exploration, development and production rights related to three shallow-water oil fields in Brazil. In a securities filing on Friday, the company said investors who qualified to bid in the initial phase of the process will receive instructions to carry out due diligence as well as guidelines for sending binding proposals. The Pargo, Sergipe and Merluza fields are respectively located in Rio de Janeiro, Sergipe and SALo Paulo, the filing said. (Reporting by Ana Mano; Editing by Bernadette Baum) All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š 2018 Reuters. All Rights Reserved. [Read more]

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