Brazil's Petrobras to put onshore oil fields up for sale

摘要

Brazil's Petrobras plans to put onshore oil fields up for sale, the latest in a flurry of moves aimed at boosting the company's chances of meeting its $14.4 billion divestment target for 2016, the company said Wednesday. Petrobras' executive directors "approved the start of the process to cede rights to explore, develop and produce oil and natural gas from a group of onshore fields, as well as the sale of assets related to these concessions," the company said in a regulatory filing.