Petrobras, Chevron selling Maromba field

Brazilian oil company Petrobras is looking to shed its stake in the Maromba field, in the Campos Basin, offshore Brazil.

Petrobras, which is the operator of the Maromba, is selling its 70 percent ownership in the heavy oil field, along with its partner Chevron, which is looking to sell its 30 percent stake, as well.

The potential transaction, Petrobras said, represents an opportunity to develop and monetize a heavy oil discovery in shallow waters, close to the producing fields of Peregrino and Papa-Terra.

Commerciality of the field was declared in December 2006, and according to Petrobras, the Maastrichtian reservoir is considered economically attractive, fully appraised by 9 wells.

Development plan is currently based on subsea completion and leased FPSO with a capacity of 60 kbopd, and no local content requirements. First oil, according to Petrobras, is feasible for 2019 from the Maastrichtian horizon.

According to Petrobras, interested parties should declare their interest to the company by July 17.

Offshore Energy Today Staff

Share this article

Follow Offshore Energy Today

Events>

<< Nov 2019 >>
MTWTFSS
28 29 30 31 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 1

Africa Oil Week 2020

For over 25 years Africa Oil Week has been the meeting place for Africa’s most senior E&P stakeholders.

read more >

CERAWeek 2020

 Each year, CERA clients gathered for a few days in Houston…

read more >

Offshore Technology Conference (OTC) 2020

The Offshore Technology Conference (OTC) showcases leading-edge technology for offshore drilling, exploration…

read more >

2020 EXPLORATION AND PRODUCTION STANDARDS CONFERENCE ON OILFIELD EQUIPMENT AND MATERIALS

The development of consensus standards is one of API’s oldest and most successful programs.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply