Petrobras Starts Selling Shallow Water Fields in Campos Basin

Source: www.gulfoilandgas.com 8/8/2019, Location: South America

Petrobras has started the teaser for the sale of all its stakes in 11 shallow water production fields in the Campos Basin, jointly known as Polo Garoupa, including production and disposal facilities to Barra. Bored.

The Grouper Polo encompasses the concessions of Anequim, Catfish, Cherne, Conger, Corvina, Spotted, Boyfriend, Parati, Grouper, Grouper and Viola. Petrobras has a 100% stake in these fields, whose average production in the last 12 months was about 19,600 boe / day.

The subsequent major project steps will be informed to the market in due course.

This disclosure is in line with Petrobras' Disinvestment System and is in line with the provisions of the special assignment of exploration, development and production rights for oil, natural gas and other fluid hydrocarbons, provided for in Decree 9.355 / 2018.

This operation is in line with portfolio optimization and the improvement of the company's capital allocation, aiming at generating value for our shareholders.


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Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 


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