Petrobras Auctions Two Offshore Platforms for Recycling

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Brazil's state-run oil firm Petrobras has launched an auction to sell two old offshore platforms no longer in production for sustainable recycling, the firm said on Friday.

Platforms P-19 and P-26 will be sold separately, said the firm, adding that together they contain about 40,000 tons of steel. The firm has previously sold two old platforms to steelmaker Gerdau.

(Reuters - Reporting by Fabio Teixeira)