Petronas Acquires 50% Interest in Tartaruga Verde and Espadarte Module III

Updated 1 year 5 months ago

Petronas completed the purchase of a 50% interest in the Tartaruga Verde producing field (BM-C-36 concession) and Module III of the Espadarte field (Espadarte concession) in the Campos Basin of Brazil. Petrobras will continue to operate these assets with a 50% stake. A signing ceremony was held in Rio de Janeiro.