Petrobras to divest Piranema fields

Brazilian oil giant Petrobras has decided to sell its total stake in two deepwater assets offshore Brazil. 

Petrobras said on Friday it had started the opportunity disclosure stage for the sale of its total stake in the Piranema and Piranema Sul fields.

Petrobras, the operator with a 100% equity interest, offers all the rights in the maritime concessions Piranema (PRM), field in production, and Piranema Sul (PRMS), an undeveloped field, both located in deep waters in Sergipe-Alagoas Basin, approximately 37 km from Aracaju. The fields are supported by the operational onshore base designated as Polo Atalaia in Sergipe.

While Piranema Sul is an undeveloped field, Petrobras noted that there is a possibility of taking advantage of the facilities of the Piranema field, since it is located in an adjacent area to this field.

In 2017, Piranema field produced, on average, 4.254 bpd of light oil and 1.573 thousands m³ / d of gas. All gas production is reinjected.

All the oil, gas and water production of Piranema Field is collect at Piranema Spirit FPSO, located to the west of the exploited area of the field in a water depth of 1,090 meters, being chartered to Petrobras.

Piranema Field, discovered in 2001, is located in deep and ultra-deep waters (water depth ranging from 200 m to 2,000 m) of the continental shelf of the State of Sergipe, at a distance of ~37 km from the coastline and started the production in October 2007.

Piranema Sul Field, discovered in 1987, is located in deep waters of the Sergipe portion of the Sergipe-Alagoas Basin, in water depths ranging from 550 m to 1600 m, about 30 km from the coastline, and is contiguous to the Piranema Field.

As recently reported by Offshore Energy Today, Petrobras is also making headway with plans to sell its entire interest in two shallow water fields, Enchova and Pampo, located in the Campos Basin off the coast of Rio de Janeiro.

Offshore Energy Today Staff

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