Petrobras looking to sell two shallow-water Brazil fields
March 2, 2020
Petrobras plans to sell its entire equity interest in the producing Merluza and Lagosta fields in the shallow-water Santos basin off Brazil.
(Courtesy Petrobras)
Offshore staff
RIO DE JANEIRO – Petrobras plans to sell its entire equity interest in the producing Merluza and Lagosta fields in the shallow-water Santos basin off Brazil.
The company has initiated the offer process for both fields.
Merluza’s fixed platform (PMLZ-1), in 135-m (443-ft) water depth, is the oldest in operation in the basin, having produced gas and condensate from the field since 1993.
From April 2009, the facility also handled gas and condensate from the Lagosta field. Last year, production from the two fields was 3,600 boe/d.
