Petrobras sells offshore assets in Espírito Santo

Brazilian national energy firm Petrobras has entered into agreement with OP Energia and DBO Energia for the sale of its entire 100% participation interests in the production fields in the Espírito Santo Basin.

OP Energia and DBO Energia will form a consortium to acquire a 50% stake each of the production fields. The total value of the deal is $55m.

Petrobras said the sale is aligned with the company’s strategy of portfolio optimisation and the improvement of its allocation of capital.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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