Petrobras’ shallow water assets up for sale

Brazilian oil company Petrobras has started the process to sell its oil and gas exploration, development and production assets in shallow water fields in the states of Ceará and Sergipe.

Nine concessions are being offered, which had an average production of 13 thousand barrels of oil equivalent per day in 2015, representing 0.5% of Petrobras ‘total production.

The fields were grouped into production complexes, with integrated installations, in order to provide the new concessionaires with full operating conditions. In Sergipe, Petrobras is selling  Sergipe Caioba, Camorim, Dourado, Guaricema and Tatuí concessions. In Ceará, concessions Curimã, Espada, Atum and Xaréu are being offered.

The process will be conducted in a competitive manner and Petrobras will assess the terms and conditions of the received proposals, the company said.

The sale of these assets is part of Petrobras’ divestment strategy, whose goals and objectives are defined in the 2015-19 Business and Management Plan.

Share this article

Follow Offshore Energy Today

Events>

<< Aug 2019 >>
MTWTFSS
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 31 1

Africa Oil & Power 2019

The Africa Oil & Power conference will bring together an elite class of ministers and senior-level government…

read more >

OWI LATAM 2019

Over the two-day conference, 25+ expert speakers will share exclusive insight on how to develop an integrity, production and P&A strategy…

read more >

Uganda International Oil and Gas Summit 2019

Uganda International Oil & Gas Summit will once again examine the industry’s developments…

read more >

Argentina Oil and Gas Expo 2019

The Argentine Oil and Gas Institute (IAPG) organizes the Argentina Oil & Gas Expo bringing together the most…

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