Sergipe-Alagoas (SE-AL) Oil And Gas Basin Recognized As One Of The 20 Most Promising Offshore Fields In The Segment

Company Report Highlights This Week The Prominence That The Sergipe-Alagoas Oil And Gas Basin Has Gained In The Market And Offshore Operations In Brazil

The Sergipe-Alagoas Basin (SE-AL), active in the oil and gas exploration area in collaboration with ExxonMobil, was recognized this week as one of the 20 most promising fields in the sector worldwide for 2021. This news was reported throughout Brazil and also internationally, through a report made available to the press by the global consulting and research company in the energy field, Westwood Global Energy Group.

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Report Highlights Largest Oil And Gas Wells

The report mentions the list of wells that will gain prominence in the international market throughout 2021. It also mentions only one other Brazilian field, the Campos Basin, which originates in Vitória/ES and extends to the northern coast of Rio de Janeiro, in Arraial do Cabo.

The ExxonMobil/Enauta/Murphy consortium is responsible for nine exploration areas in the SE-AL Basin of Sergipe, which were acquired in the last three years. Westwood Global Energy Group also highlights the Americas as a region of exploratory projection for oil and gas, registering the presence of offshore operations — which consist of conducting transactions in foreign countries — making this a trend in Brazilian lands. The report also highlights ExxonMobil as one of the three largest explorers in the field in 2021.

Sergipe Is Expected To Continue Investing In The Oil And Gas Sector

According to José Augusto Carvalho, Secretary of State for Economic Development, Science and Technology, gaining international prominence is a confirmation of the competence in managing the operations of the SE-AL Basin, bringing great expectations for Sergipe and encouraging continued investment in the oil and gas sector. With offshore operations, the recognition of the state in the market grows even more, causing more and more investors to look at Brazil in general.

“Recognitions of this kind, presented by a renowned company with international impact, make the eyes of the whole world turn to Sergipe, raising the state to a position of an important global player. It is an investment in visibility that, in the medium term, should also translate into economic investment, generating funding for the state that should come from both inside and outside Brazil. The Government of Sergipe is creating, through policies and dialogues, all the conditions for these expectations to materialize,” said the secretary.