Brazilian oil company Petrobras is making headway with plans to sell its entire interest in two shallow water fields located in the Campos Basin off the coast of Rio de Janeiro as part of a wider divestment program.
Petrobras revealed its intention to divest its interests in seven sets of shallow-water fields (total of 30 concessions) located in the States of Ceará, Rio Grande do Norte, Sergipe, Rio de Janeiro, and São Paulo in July 2017.
Petrobras is the operator in all but two concessions with a 100% stake. In the Pescada and Arabaiana concessions Petrobras is the operator with a 65% stake.
Brazil Energy Insight 
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