The National Petroleum, Natural Gas and Biofuels Agency (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 Petroleum, Natural Gas and Biofuels Agency (ANP), they are Rio Mariricu and Garça Branca, in the Espírito Santo Basin; and Itaparica, in the Recôncavo Basin. At the service of Petrobras, SBM contracts for offshore vacancies in the FPSO's Capixaba, Cidade de Saquarema and Cidade De Maricá
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The Mariricu field is operated by Ubuntu Engenharia e Serviços and is part of the RM_AM4 block. The Garça Branca field, in the GB_AM4 block, is owned by Petromais Exploração e Produção. Finally, Itaparica (block I_AM4) is controlled by the consortium formed by Newo Oil and Gas and NTF Oil and Gas. All areas were sold during the 4th Round of Marginal Accumulations, in 2017.
National Agency of Petroleum, Natural Gas and Biofuels declared the commerciality of two other fields last week, they are: Paramirim do Vencimento, in the Recôncavo Basin; and Urutau, in the Potiguar Basin.
Petrobras completes the sale of 27 oil fields in ES to Karavan O&G and Seacrest Capital for US$155 million
After Petrobras announced that it had put up for sale 26 onshore and shallow water oil fields, in addition to the Clara Camarão Refinery in RN, the state-owned company informed last night in a material fact that it signed with Karavan SPE, the contract for the sale of its entire stake in 27 onshore exploration and production fields, located in Espírito Santo.
The 27 oil fields belong to Polo Cricaré. Karavan O&G will hold 51%, while Seacrest Capital will hold the remaining 49%.
Petrobras informs that the value of the sale is US$ 155 million, of which (a) US$ 11 million has been paid on the present date; (b) US$ 26 million at the closing of the transaction and (c) US$ 118 million in contingent payments provided for in the contract. The amounts do not consider the adjustments due and the closing of the transaction is subject to the fulfillment of conditions precedent, such as approval by Agency National Petroleum, Natural Gas and Biofuels.
