Contracts For 12 Offshore Fields Operated By Petrobras Are Being Evaluated By ANP

Written by Paulo Nogueira

Published on 24/06/2019 at 16:20

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The National Petroleum Agency – ANP is Evaluating the Renewal of Contracts for 12 Offshore Fields Operated by Petrobras

The renewal of the contract for the Roncador field located in the Campos Basin is being analyzed by the National Petroleum Agency – ANP. For the contract to proceed, approval of new investment plans in the fields is necessary. The field is operated by Petrobras, which holds 75% of the asset, while its partner Equinor holds 25%.

The partnership between Petrobras and Equinor, formerly Statoil, in the Roncador field project in the deep waters of the Campos Basin began on June 15, 2018. The Norwegian company obtained a 25% stake in the field, paying Petrobras US$ 2 billion. Another US$ 550 million contingent was invested in projects to increase the field’s recovery.

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Paulo Nogueira

Roncador is the third-largest oil producer in the country, surpassed only by Lula and Sapinhoá, which are pre-salt fields in the Santos Basin.

Learn about the twelve offshore fields operated by Petrobras, with contract renewals being analyzed by the ANP, which together produce more than 270,000 barrels/day and 7 million m³/day of gas.

Roncador
Barracuda
Caratinga
Albacora Leste
Espadarte
Paru
Manati
Pampo
Enchova
Enchova Oeste
Marimbá and Bonito

The assets Pampo, Enchova, Enchova Oeste, Marimbá, and Bonito belong to the shallow-water hubs Enchova and Pampo, which are part of the state-owned company’s divestment plan. On June 5, they informed about the final offers received of more than US$ 1 billion for their sale.

The contract extensions approved by the ANP will yield US$ 18 billion in investments. The agency has already approved the extension of the concession period for nine fields. Of these, six are offshore fields (Marlim, Marlim Leste, Marlim Sul, Frade, Voador, and Ubarana).

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Contracts For 12 Offshore Fields Operated By Petrobras Are Being Evaluated By ANP

The National Petroleum Agency – ANP is Evaluating the Renewal of Contracts for 12 Offshore Fields Operated by Petrobras

Major Oil, Gas, and Energy Event Will Take Place in Brazil: Macaé Energy Will Gather Petrobras, Equinor, Prio, Among Other Suppliers and Energy Executives for Business, Networking, and Employment Opportunities

Petrobras Pays 700 Million Dollars to Cancel Drill Contract

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