January 15, 2020 / 11:02 PM / 7 months ago

Brazil's Petrobras says to sell Golfinho and Camarupim deepwater assets

SAO PAULO, Jan 15 (Reuters) - Brazil’s state-run oil company Petroleo Brasileiro said on Wednesday it had put up for sale its entire stake in the Golfinho and Camarupim deepwater clusters in the Espírito Santo basin.

Petrobras, as the company is known locally, holds 100% interest in both concessions, with the exception of exploratory block BM-ES-23, in Golfinho, where it owns 65%.

Petrobras has been selling assets in order to lower its debt. (Reporting by Gabriel Araujo Editing by Chris Reese)

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