Petrobras' Capixaba North Pole comprises the onshore oil fields Cancã, Fazenda Alegre, Fazenda São Rafael and Fazenda Santa Luzia

Last night (29/09), Petrobras communicated, in a material fact, the non-binding phase referring to the sale of all of its stakes in a set of five concessions for onshore oil fields. Shell to cut up to XNUMX jobs due to slumping demand for oil due to the coronavirus pandemic

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These are integrated facilities, jointly known as Polo Norte Capixaba, located in the state of Espírito Santo.

Petrobras informs in a note, “Thus, the operation is in line with the strategy of optimizing the portfolio and improving the allocation of the company's capital”.

“The company is increasingly concentrating its resources on world-class assets in deep and ultra-deep waters, where Petrobras has demonstrated a great competitive edge over the years.”, says Petrobras in the statement.

Petrobras over the North Pole Capixaba

The Capixaba North Pole belonging to Petrobras comprises the fields of Cancã, Fazenda Alegre, Fazenda São Rafael and Fazenda Santa Luzia.

All the production facilities contained in the ring fence of the concessions are also part of the Complex, in addition to the ownership of some land.

In August 2020, the average production of the North Capixaba Pole was 7,3 barrels of oil per day and 60 m3/day of gas.

Petrobras is the operator of the fields, with a 100% stake.

Facts revealed in Operation Lava Jato may remove Golar Power from the dispute for Petrobras' Liquefied Natural Gas terminal in Bahia

Petrobras announced in a material fact that the Golar energy group may have to stay out of the dispute for a liquefied natural gas (LNG) regasification terminal in Bahia, offered for sale by the state-owned company.

Petrobras is reassessing Golar Power's risk rating to determine whether or not the company can do business with the state-owned company, including participating in the bidding process for the regasification terminal in Bahia.

“Due to the facts revealed in the 75th phase of Operation Lava Jato related to the Group Golar Power, Petrobras informs that a review of the Integrity Analysis of this supplier is in progress. This analysis is carried out regularly with all the company's suppliers and assigns different Integrity Risk Degrees (GRI). Any change in the perception of integrity risk to which Petrobras may be exposed when relating to the companies of the Golar Power Group will be communicated in a timely manner to its Legal Representatives.” Petrobras said in a note.