Eneva Is in the Final Phase of Deciding to Purchase the Urucu Pole from Petrobras

Written by Valdemar Medeiros

Published on 14/11/2020 at 10:35

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Eneva Must Decide In The Coming Weeks Whether To Make An Offer In The Sale Process Of Petrobras’ Urucu Polo

According to Habibe regarding Eneva, companies interested in Petrobras’ Urucu Polo are already in talks with Engie, operator of the Associated Gas Transporter (TAG), about a potential market expansion to serve the asset. “This investment will be by TAG, which will charge a fee to be negotiated with the gas molecule holder Petrobras,” Habibe added.

About Petrobras’ Urucu Polo

The Urucu Polo comprises seven production concessions (Araracanga, Arara Azul, Carapanaúba, Cupiúba, Leste do Urucu, Rio Urucu, Sudoeste Urucu), all located in the state of Amazonas, in the municipalities of Tefé and Coari, occupying an area of approximately 350 km2.

In the first half of 2020, the average production of the Polo was 103 thousand boed, including 16.2 thousand bpd of oil and condensate, 13.8 million m³/d of gas and 1.11 thousand tons/day of LPG.

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Eneva’s President States That Acquiring The Urucu Polo Is Part Of His Company’s Growth Strategy

The president of Eneva, Pedro Zinner, stated that the Urucu Polo aligns with the company’s growth strategy. “It is a large asset, even when compared to Petrobras’ portfolio. We have the capacity to operate it. Our significant competitive advantage is that we have access to the gas molecule at a competitive price,” Zinner said.

Currently, Eneva is conducting its first project in the North region, the development of the Azulão Field in Amazonas, also acquired in Petrobras’ divestment process. The field will supply gas to the Jaguatirica II thermoelectric plant (UTE), with an installed capacity of 132.3 megawatts (MW), under construction in Boa Vista, Roraima. The company maintains its projection for the start of integrated operation in October 2021.

About Eneva

Eneva is an integrated energy company, with complementary businesses in power generation and hydrocarbons exploration & production in Brazil.

Currently, it has a thermal generation park of 2.2 GW, representing 9% of the country’s thermal generation capacity. Total installed capacity will reach 2.8 GW by 2024 with the commissioning of 3 new plants.

Eneva Is in the Final Phase of Deciding to Purchase the Urucu Pole from Petrobras

Eneva Must Decide In The Coming Weeks Whether To Make An Offer In The Sale Process Of Petrobras’ Urucu Polo

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Eneva Is in the Final Phase of Deciding to Purchase the Urucu Pole from Petrobras

Eneva Must Decide In The Coming Weeks Whether To Make An Offer In The Sale Process Of Petrobras’ Urucu Polo

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About Eneva

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While the U.S. still faces limitations in deep space, China is developing unprecedented technology with strategic satellites that maintain communication with the far side of the Moon and aims for dominance by 2030.

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