General – Sale
Petrobras approves the closing of the competitive process for a 50 pct stake in the Marlim oil field, which means that the cluster is no longer for sale.
Brazil’s state-run oil major Petrobras has approved the closing of the competitive process for a 50 percent stake in the Marlim oil field, which means that the cluster is no longer for sale.
The sale of the stake was announced back in November 2020 through the launch of an opportunity disclosure stage.
Immediately following the announcement, experts stated that the asset would be extremely difficult to sell since buyers would have had to pay billions of dollars, but Petrobras would remain the operator of the asset.
