Client Alert: Petrobras Publishes Teasers for the Divestment of 30 Shallow Water Fields

On July 28, 2017, Petrobras published teasers for offers of seven packages of shallow water fields.  In all they involve 30 total concessions regarding fields located in the States of Ceará, Rio Grande do Norte, Sergipe, Rio de Janeiro, and São Paulo.

To participate in the tender process, interested parties must send a statement to Petrobras confirming that they satisfy all of the requirements set forth in the teasers.  Information about the available tender areas will be disclosed to registered parties pursuant to confidentiality agreements, which must be signed and provided to Petrobras by September 8, 2017.