The National Agency of Petroleum, Natural Gas and Biofuels (ANP) Published the Declaration of Commerciality for Three More Onshore Fields in Brazil
This week, three more onshore oil fields were declared commercial by the National Agency of Petroleum, Natural Gas and Biofuels (ANP); they are Rio Mariricu and Garça Branca, in the Espírito Santo Basin; and Itaparica, in the Recôncavo Basin. On behalf of Petrobras, SBM is hiring for offshore positions on FPSOs Capixaba, Cidade de Saquarema and Cidade De Maricá
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The Mariricu field is operated by Ubuntu Engineering and Services and is part of the RM_AM4 block. The Garça Branca field, in the GB_AM4 block, is owned by Petromais Exploration and Production. Finally, Itaparica (I_AM4 block) is controlled by a consortium formed by Newo Oil and Gas and NTF Oil and Gas. All areas were awarded during the 4th Round of Marginal Accumulations in 2017.
The National Agency of Petroleum, Natural Gas and Biofuels declared the commerciality of two other fields last week: Paramirim do Vencimento, in the Recôncavo Basin; and Urutau, in the Potiguar Basin.
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Petrobras Completes Sale of 27 Oil Fields in ES to Karavan O&G and Seacrest Capital for 155 Million Dollars
After Petrobras announced that it put up for sale 26 land oil fields and shallow water fields, in addition to the Clara Camarão Refinery in RN, the state-owned company informed last night in a relevant fact that it has signed with Karavan SPE the contract for the sale of its entire interest in 27 land exploration and production fields located in Espírito Santo.
The 27 oil fields belong to the Cricaré Polo. Karavan O&G will hold 51%, while the company Seacrest Capital will hold the remaining 49%.
Petrobras informs that the sale price is US$ 155 million, consisting of (a) US$ 11 million paid on this date; (b) US$ 26 million at the closing of the transaction; and (c) US$ 118 million in contingent payments stipulated in the contract. The amounts do not consider adjustments due, and the transaction closing is subject to the fulfillment of conditions precedent, such as approval by the National Agency of Petroleum, Natural Gas and Biofuels.

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