Brazil’s struggling state-controlled oil company Petrobras is waiting on exploration data from a promising deep-water field to decide if it will be included in a divestment plan, said two people familiar with the issue.
The Rio de Janeiro-based producer is waiting on a second well test in the northern section of the Carcara field before deciding to seek buyers for its stake in the project, said the people, who asked not to be named because the information isn’t public. Carcara, located in the so-called pre-salt region that holds Brazil’s biggest discoveries, was offered to investors earlier this year, and then Petrobras removed it from a group of offshore assets to wait for additional drilling results that could make it more attractive, the people said.
Brazil Energy Insight 
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