Norway-linked Firms Might Bid for Petrobras’ Golfinho Field Offshore Brazil

Norway’s BW Offshore Ltd and DBO Energy are among the firms mulling a bid for Petrobras’ Golfinho oilfield cluster, two sources said, as Brazil’s state-run oil company seeks to re-spark its asset sale program in the wake of this year’s crude price crash.

With average daily production of 15,000 barrels of oil and 750,000 cubic meters of gas, Golfinho is among the largest production assets Petrobras currently has on the block. Binding offers for the mature oilfield cluster, located off the coast of Brazil’s Espirito Santo state, are due in early September, said the sources, who requested anonymity to discuss confidential matters.

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