10 December 2018, News Wires — Brazilian state-run oil firm Petroleo Brasileiro SA has entered into the non-binding phase of the sale of an onshore oil cluster located in the state of Espírito Santo, it said on Monday.
Petrobras, as the company is commonly known, has a 100 percent stake in the Lagoa Parda, Lagoa Parda Norte, and Lagoa Piabanha fields, collectively known as the Lagoa Parda Cluster.
A minor asset, Petrobras said the cluster’s average production in 2017 was approximately 266 barrels of oil per day.
- Reuters
