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In The All Or Nothing For The Pre-Salt, Petrobras Puts Offshore Cluster Up For Sale In Ceará

Written by Paulo Nogueira
Published on 05/11/2020 at 08:07
Updated on 05/11/2020 at 08:15
Nordeste - Ceará - Petrobras
Nordeste: a venda dos campos de petróleo offshore, no Ceará, inclui a totalidade da participação da Petrobras em águas de Atum, Curimã, Espada e Xaréu
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Petrobras Begins Binding Phase for Sale of Its Assets in Shallow Water Fields in the Ceará Offshore Cluster in Brazil

The Ceará Cluster is located 30 kilometers off the coast of the state of Ceará in water depths between 30 and 50 meters. It has been in operation since the 1980s.

Petrobras Offshore Ceará
Ceará Cluster; Source: Petrobras

Petrobras said on Wednesday that the sale was in line with its strategy to optimize its portfolio and improve the company’s capital allocation. The company chose to focus its resources on world-class deep and ultra-deep water assets in the pre-salt region.

Petrobras added that qualified potential buyers for the binding phase of the Ceará Cluster sale will receive a process letter with detailed instructions on the divestment process, including guidelines for due diligence and submission of binding proposals.

It is worth remembering that the non-binding phase of the Ceará Cluster sale was announced on August 7, 2020, check it out!

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.

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