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Petrobras to sell stake at Maromba oil field, in Campos basin

Brazil’s oil company Petróleo Brasileiro SA (PETR4.SA) disclosed on Thursday initial terms for a plan to sell its 70-percent stake in the Maromba oil field, at Campos basin, according to a securities filing.

Petrobras, as the firm is known, said its partner in the field, Chevron Corp (CVX.N), will also sell its 30-percent stake in the area located in shallow waters close to the fields of Peregrino and Papa-Terra.

(Reporting by Marcelo Teixeira; Editing by Sandra Maler)

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