Petrobras filed with Ibama for licensing for the oil drilling project in the area of block POT-M-952, offshore in the Potiguar Basin. Petrobras exported 1.11 million tons of fuel oil and set a new record in May
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Petrobras plans to drill the oil well 100 km away from the city of Natal, in water depth of 2,300m.
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In addition to this, Petrobras began licensing offshore in April for the drilling of another oil well located in block POT-M-762, 75 km off the state coast.
Petrobras is interested in using the ports of Pecém (in São Gonçalo do Amarante), Mucuripe or Fortaleza (in Fortaleza), or Paracuru (in Paracuru), in the state of Ceará, and the Port of Natal, in the state of Rio Grande do Norte, for logistics in both campaigns.
The exploratory blocks POT-M-952 and POT-M-762 were auctioned to Petrobras in the 15th round of bids held by ANP in 2018.
Petrobras is the operator of the field, with a 60% interest in the first area, with Shell (40%) as a partner. It operates the second block with 100% ownership.
Petrobras Sells Seven Onshore Fields in Rio Grande do Norte for R$ 676.8 Million
Following Petrobras’ divestment policy in onshore fields in Brazil, the state-owned company announced it has completed the sale of its entire stake in onshore concessions in the Macau Cluster, located in the Potiguar Basin, in Rio Grande do Norte, to the company 3R Petroleum. The sale was established with a payment of R$ 676.8 million to Petrobras.
The Macau Cluster includes the assets of Aratum, Macau, Serra, Salina Cristal, Lagoa Aroeira, Porto Carão, and Sanhaçu. Petrobras had total participation in all fields except Sanhaçu, where it was the operator with a 50% share, while the other half belonged to the company Petrogal Brasil S.A.
“It’s great news for Petrobras, for 3R-Starboard, for the onshore sector, and for the market in general. A good time for us to have news,” said Ana Paula Saraiva, the executive manager of Portfolio Management at the Brazilian state-owned company.
“The sale of onshore and shallow water assets is a very healthy strategy for Petrobras and creates opportunities for new entrants in the sector, who will prioritize their resources to generate value for the region and for the country. Our important mission is to be the largest producer of gas in Rio Grande do Norte and to increase this gas supply,” said Paulo Thiago Mendonça, partner at Starboard, the controlling shareholder of 3R.

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