News listings
EP Opps relaunch

energy-pedia farmouts/divestments

Brazil flagBrazil

South America / GoM >>> Brazil

Brazil: Petrobras releases E&P teaser of assets in the state of Alagoas


17 Jun 2020

Photo - see caption

Petrobras has started the opportunity disclosure stage (teaser), referring to the sale of its entire stake in a set of seven onshore and shallow water concessions located in the state of Alagoas.

The teaser, which includes key information about the opportunity, as well as the eligibility criteria for selection of potential participants, is available on the Petrobras website: https://www.investidorpetrobras.com.br/en/results-and-notices/teasers.

Photo - see caption
Location of the concessions. (Source: Petrobras)

The main subsequent stages of the project will be reported to the market in due course.

This disclosure complies with the Petrobras' divestment guidelines and with the provisions of the special procedure for assignment of rights to exploration, development and production of oil, natural gas and other fluid hydrocarbons, provided for in Decree 9,355/2018.

This transaction is in line with the portfolio optimization strategy and the improvement of the company’s capital allocation, increasingly concentrating its resources in deep and ultra-deep waters, where Petrobras has demonstrated great competitive edge over the years.

About Alagoas Cluster

The Alagoas Cluster comprises seven production concessions (Anambé, Arapaçu, Cidade de São Miguel dos Campos, Furado, Paru, Pilar and São Miguel dos Campos), all located in the state of Alagoas. The Paru field is located in shallow waters, with a water depth of 24 meters. The other fields are onshore.

In 2019, the cluster's average production was 2,348 bpd of oil and condensate and 856 thousand m3/d of gas, generating a total of 1,010 bpd of NGL.

In addition to the concessions and theirproduction facilities, the Natural Gas Processing Unit (NGPU) of Alagoas, responsible for processing 100% of the cluster's gas and for generating NGL, whose processing capacity is 2 million cubic meters per day, is included in the transaction.

Original article link

Source: Petrobras





Bookmark and Share


A global information service for upstream oil and gas opportunities - divestitures, farmins and farmouts and licensing rounds.


Subscriber Only Deals

Current Deals

Current Upstream Deals: 356

Completed Deals

Completed Upstream Deals: 5458

Company Profiles

Current Company Profiles: 2710

Corporate Activity

Current Corporate Activity articles: 3480

Companies Looking

Current number of articles: 437

Company Sales

Current Company Sales articles:1414

Geostudies

Current Geostudies articles: 723

How to subscribe

energy-pedia Jobs

RSS Feed Widget
See all jobs...


energy-pedia Databank

The energy-pedia databank contains links to information on the world financial and energy markets, including share prices, oil and gas prices and the global stock exchanges. Read more...



energy-pedia Glossary

A list of commonly used terms in the oil and gas industry. Read more...

Subscribe

Subscribe to the FREE
energy-pedia Daily Newsletter
Subscribe

Geoespace
Union Jack Oil 149
energy365
KL Publishing
OPC
Rose & Assocs 149
Government of South Australia
Bayphase
SLR Consulting logo
About energy-pedia

energy-pedia news is a FREE news service written and edited by E and P professionals for E and P professionals.

We don't just report the news, we give you the technical background as well, with additional information derived from our unique energy-pedia opportunities service.
Contact us

energy365 Ltd

238 High Street
London Colney
St Albans
UNITED KINGDOM

Tel: +44(0)1727 822675

Email: info@energy-pedia.com