1. Home
  2. / Uncategorized
  3. / Foreign Companies Explore Purchase of Petrobras’ Garoupa Field in the Campos Basin
Reading time 2 min of reading

Foreign Companies Explore Purchase of Petrobras’ Garoupa Field in the Campos Basin

Written by Paulo Nogueira
Published on 19/12/2019 at 11:39
Updated on 19/12/2019 at 11:59
plataformas, petróleo, offshore, governo federal, IBP
plataformas, petróleo, offshore, governo federal, IBP
Be the first to react!
React to this article

Potential Buyers of Petrobras Garoupa Cluster Are Companies Perenco, Trident Energy, and Premier Oil

The multinational Perenco and the British companies Trident Energy and Premier Oil are some of the firms analyzing the acquisition of a set of oil fields from Petrobras located in the Campos Basin, known as the Garoupa Cluster, according to sources. See also that Petrobras will invest US$ 49.5 billion in E&P projects.

Read More

The information is still preliminary, and it is possible that none of the companies will actually acquire the mature offshore fields in the Campos Basin, at least under the terms being offered by Petrobras, the sources added.

The national oil company Petro Rio is also evaluating the Garoupa Cluster, following the strategy developed by the company to study all mature oil fields that are for sale by Petrobras.

The sale of Garoupa does not have a non-binding phase, contrary to previous divestments by Petrobras in oil fields. The potential buyers have signed confidentiality agreements and are discussing the asset only internally and with the Brazilian state-owned company.

Although binding offers were scheduled for December, they have been postponed to March 2020, they added. Sources stated that Garoupa is an atypical complex, and the price range is still not well defined.

Petrobras has already sold a number of oil fields, and executives stated the possibility of adding larger production assets in the divestment process in 2020.

About the Garoupa Cluster

According to Petrobras, the Garoupa Cluster produced 19,600 barrels of oil equivalent per day in the 12 months until August, making it the largest production asset in the company’s current divestment portfolio.

The Garoupa Cluster includes the concessions of Anequim, Bagre, Cherne, Congro, Corvina, Malhado, Namorado, Parati, Garoupa, Garoupinha, and Viola, located in shallow waters in the Campos Basin, about 80km from the coast, with reservoir depths ranging from 70m to 740m.

Tags
Paulo Nogueira

Graduated in Electrical Engineering from one of the country's technical education institutions, the Instituto Federal Fluminense - IFF (formerly CEFET), he worked for several years in the offshore oil and gas, energy, and construction sectors. Today, with over 8,000 publications in online magazines and blogs on the energy sector, the focus is to provide real-time information on the Brazilian job market, macro and microeconomics, and entrepreneurship. For questions, suggestions, and corrections, please contact us at informe@clickpetroleoegas.com.br. Please note that we do not accept resumes at this contact.

Share in apps