Petrobras starts binding phase for two Campos Basin fields sale

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Brazilian oil major Petrobras has begun the binding phase related to the sale of 50% of its non-operated working interest in Tartaruga Verde field and Module III of Espadarte field, both located in the Campos Basin off Brazil. 

Petrobras said on Monday that process letters were issued to qualified interested parties with detailed instructions about the divestment process, in addition to guidelines to conduct due diligence and submit binding proposals.

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