Petrobras Announces Sale of 27 Onshore Fields in Espírito Santo

Written by Paulo Nogueira

Published on 27/05/2019 at 13:32

Seja o primeiro a reagir!

Petrobras Announced This Monday Morning, 27, That It Has Started the Disclosure Stage of the Opportunity (Teaser) Regarding the Transfer of Its Entire Holdings in 27 Mature Onshore Fields Located in Espírito Santo.

Petrobras has started to inform investors about the process for the sale of its entire stake in 27 mature onshore oil fields, including the shared production flow and treatment facilities, located in Espírito Santo, in the municipalities of São Mateus, Jaguaré, Linhares, and Conceição da Barra, collectively referred to as Polo Cricaré. According to the company, the fields for sale had an average total production of about 2,800 barrels per day in 2018.

Petrobras is the operator and owns 100% of all assets, which include the fields of Biguá, Cacimbas, Campo Grande, Córrego Cedro Norte, Córrego Cedro Norte Sul, Córrego Dourado, Córrego das Pedras, Fazenda Cedro, Fazenda Cedro Norte, Fazenda Queimadas, Fazenda São Jorge, Guriri, Inhambu, Jacutinga, Lagoa Bonita, Lagoa Suruaca, Mariricu, Mariricu Norte, Rio Itaúnas, Rio Preto, Rio Preto Oeste, Rio Preto Sul, Rio São Mateus, São Mateus, São Mateus Leste, Seriema, and Tabuiaiá.

ARTICLE CONTINUES BELOW

NINE FIELDS IN THE NORTHEAST

A consortium formed by the investment firm Starboard Restructuring Partners and the startup 3R Petroleum is in exclusive negotiations with Petrobras for the acquisition of nine onshore oil fields in the Northeast for about 1 billion reais, according to two sources familiar with the matter.

The move comes as the state-owned company seeks to aggressively reduce its stakes in mature oil fields, aiming to decrease debts and focus on the pre-salt. The current president of Petrobras, Roberto Castello Branco, has made the exit from the onshore segment a priority, in which production has drastically fallen in recent years.

One of the sources stated that Starboard is in negotiations with Petrobras to acquire the Macau and Fazenda Belém groups, which consist of seven and two oil fields, respectively. Combined, these assets produce about 5,000 barrels per day (bpd) of oil, according to the document seen by Reuters.

Check out the 1st transshipment operation conducted by Petrobras on May 24 and 25 at the Açu Petróleo Oil Terminal (T-OIL).

Petrobras Announces Sale of 27 Onshore Fields in Espírito Santo

Petrobras Announced This Monday Morning, 27, That It Has Started the Disclosure Stage of the Opportunity (Teaser) Regarding the Transfer of Its Entire Holdings in 27 Mature Onshore Fields Located in Espírito Santo.

NINE FIELDS IN THE NORTHEAST

Seen from space, an image taken by an astronaut shows an unlikely oasis in the Saudi Arabian desert, protected by a terrain that slows the advance of sand, surrounded by green circles, remnants of an extinct lake and nearly 10,000 years of preserved history.

While the U.S. still faces limitations in deep space, China is developing unprecedented technology with strategic satellites that maintain communication with the far side of the Moon and aims for dominance by 2030.

In Botswana, a salt flat of up to 16,000 km² that was once an African megalake spends months as an absolute white desert, but during the rainy season it transforms into a shallow sea that reappears from nowhere and can be seen from space in the middle of southern Africa.

The Blood Falls of Antarctica hide a living ecosystem trapped under the ice for over 2 million years, where microbes survive without light, without oxygen, and without ever having seen the Sun.

Bavarian archaeologists unearthed a medieval skeleton that had an articulated iron hand in place of its left arm, and the discovery reveals that doctors were already creating sophisticated prosthetics over 500 years ago.

The CEO of Honor in Spain says that smartphones will change with AI, foldables, and even robot phones; the component crisis is making cheap models more expensive in 2026 and shifting the focus to premium.

The giant 14-ton military drone has commercial airplane wings, flies for over 32 consecutive hours, and can monitor areas the size of entire continents during intelligence missions for the United States, making the Global Hawk one of the most feared machines in aerial surveillance.

Rocket Lab signs $190 million contract to provide hypersonic suborbital launches for U.S. defense testing.

Yellowstone supervolcano has an unexpected energy source, new study shows. Discovery reveals that oceanic plate feeds the magmatic system.

Douglas, the former waiter, son of a housekeeper and a bricklayer who studied with a Prouni scholarship, takes office as a diplomat at 31 years old, fulfilling his dream of representing Brazil after one of the most incredible journeys to the Itamaraty.

It looks like Holland, but it’s the interior of São Paulo: the Brazilian city of 15,000 residents that produces about 40% of the country’s flowers and accounts for up to 80% of the sector’s exports.

Petrobras Announces Sale of 27 Onshore Fields in Espírito Santo

Petrobras Announced This Monday Morning, 27, That It Has Started the Disclosure Stage of the Opportunity (Teaser) Regarding the Transfer of Its Entire Holdings in 27 Mature Onshore Fields Located in Espírito Santo.

NINE FIELDS IN THE NORTHEAST

Seen from space, an image taken by an astronaut shows an unlikely oasis in the Saudi Arabian desert, protected by a terrain that slows the advance of sand, surrounded by green circles, remnants of an extinct lake and nearly 10,000 years of preserved history.

While the U.S. still faces limitations in deep space, China is developing unprecedented technology with strategic satellites that maintain communication with the far side of the Moon and aims for dominance by 2030.

In Botswana, a salt flat of up to 16,000 km² that was once an African megalake spends months as an absolute white desert, but during the rainy season it transforms into a shallow sea that reappears from nowhere and can be seen from space in the middle of southern Africa.

The Blood Falls of Antarctica hide a living ecosystem trapped under the ice for over 2 million years, where microbes survive without light, without oxygen, and without ever having seen the Sun.

Bavarian archaeologists unearthed a medieval skeleton that had an articulated iron hand in place of its left arm, and the discovery reveals that doctors were already creating sophisticated prosthetics over 500 years ago.

The CEO of Honor in Spain says that smartphones will change with AI, foldables, and even robot phones; the component crisis is making cheap models more expensive in 2026 and shifting the focus to premium.

Scientists discover unexpected climate benefit hidden in forest soils related to atmospheric methane absorption.

Sandy unproductive land can become a highly profitable area with a simple technique that boosts soybeans and corn to over 100 sacks.

The new Kia hatch will have a range of up to 480 km, may cost up to 25,000 euros (around R$ 150,000), and promises to become one of the most affordable electric cars in Europe; meet the Kia Picanto Electric.

Viih Tube, former BBB contestant and millionaire, lives in a mansion worth R$ 8.5 million with a heated artificial lake, two cinemas, a complete spa, and a giant playroom of 120 m² for the couple’s children.

Labor shortages in the construction industry in the United States surge, and 499,000 workers need to be urgently hired to fill open positions and support ongoing large-scale projects.

The giant 14-ton military drone has commercial airplane wings, flies for over 32 consecutive hours, and can monitor areas the size of entire continents during intelligence missions for the United States, making the Global Hawk one of the most feared machines in aerial surveillance.

Rocket Lab signs $190 million contract to provide hypersonic suborbital launches for U.S. defense testing.

Yellowstone supervolcano has an unexpected energy source, new study shows. Discovery reveals that oceanic plate feeds the magmatic system.

Douglas, the former waiter, son of a housekeeper and a bricklayer who studied with a Prouni scholarship, takes office as a diplomat at 31 years old, fulfilling his dream of representing Brazil after one of the most incredible journeys to the Itamaraty.

It looks like Holland, but it’s the interior of São Paulo: the Brazilian city of 15,000 residents that produces about 40% of the country’s flowers and accounts for up to 80% of the sector’s exports.