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BW Offshore mulls acquisition of Brazil’s Maromba oil field

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Oslo-listed BW Offshore announced it is considering the acquisition of Chevron and Petrobras’ stakes in the undeveloped Maromba heavy oil field in Brazil’s southern Campos Basin. The Brazilian NOC and US-based supermajor launched the start of the binding phase regarding the transfer of their stakes in the field in October 2017. Petrobras holds an operated 70% WI in the field, while Chevron holds the remaining 30%. Located in water depth of 160 meters, Maromba field comprises the Castor, Lobo, Dingo and......
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