Portuguese 
Spanish 
Today, Petrobras Announced Non-Binding Phase of Sale of All Its Concessions of Albacora and Albacora Leste in the Campos Basin
Petrobras announced that it will sell its concessions of Albacora and Albacora Leste, located in deep waters in the Campos Basin. The sale enters a non-binding phase. In this phase, interested parties will be able to submit initial proposals and access a virtual information room about the operation, which is part of Petrobras’ extensive divestment plan.
Check Out Other News of the Day:
- More Diversity in the Oil and Gas Sector | Ocyan Launches Diversity & Inclusion Program
- Job Openings for Operator with Experience in Tractor, Loader, Excavator, and Dump Truck Driver for Mining Works in Minas Gerais
- Mining – In addition to generating development and jobs, in Brazil, 90% of mining companies are micro and small enterprises
The state-owned company recalled that the deal was aligned with the strategy to optimize the investment portfolio and improve the company’s capital allocation, and increasingly focused its resources on world-class assets, meaning more resilient assets in the face of volatility. Oil prices present lower risks and greater financial returns.
Albacora Field
It covers an area of 455 km2, located in the northern Campos Basin, about 110 kilometers from Cabo de São Tomé, on the northern coast of the State of Rio de Janeiro, in water depths of 100 to 1,050 m. Production in October reached 36,400 barrels of oil per day and 606,000 m3/day of gas. Operations are fully operated by Petrobras.
-
With a record production of nearly 3 million barrels per day, Petrobras resumes importing diesel in July, highlighting the bottleneck in Brazilian refining.
-
Qantas and Airbus Invest in Company Aiming to Convert Unsorted Household Trash into Jet Fuel
-
Brazil’s ANP Opens 86 New Oil Blocks in the Equatorial Margin, Expanding the Amazon River Mouth Frontier
-
OPEC+ Boosts Oil Supply by 188,000 Barrels per Day in July 2026, Leading to Price Drop from $112 to $89 per Barrel in Under Two Months
Albacora Leste Field
It spans 511.56 km2 and is located in the northern part of the Campos Basin, with water depths ranging from 1,000 to 2,150 m, about 120 km from Cabo São Tomé. Last month, the field produced 30,000 barrels of oil per day and 703,000 m3/day of gas. Petrobras operates 90% of the field, and 10% is operated by Repsol Sinopec Brasil.
