Petrobras puts Urugua and Tambau oilfields up for sale


Brazil’s state-run oil company Petrobras said on Wednesday it has put up for sale its Urugua and Tambau oilfields, both located in the Santos Basin.

The company, formally known as Petroleo Brasileiro SA PETR4.SA, said that the fields produced an average of 5,000 barrels of oil per day and 918,000 cubic meters of gas a day in 2020.