Petrobras Advances Sale Process of Oil Fields in the Camamu Basin, Bahia

Written by Flavia Marinho

Published on 01/06/2020 at 12:04

Petrobras põe à venda o campo de Manati, na Bacia de Camam, Bahia

Be the first to react!

Petrobras Is the Operator of the Oil Field, With 35%, in Partnership With Enauta (45%), E&P de Petróleo e Gás Ltda. (10%) and Brasoil Manati. (10%).

Petrobras announced today (01) that it has begun a new phase of a process regarding the sale of its remaining 35 percent stake in the Manati oil field, in Bahia. Petrobras Attracts High Demand and Raises US$ 3.5 Billion With Global Bonds

Read Also

“Petrobras, continuing the announcement made on 04/05/20, informs the start of the non-binding phase regarding the sale of its stake (35%) in the Manati Field, a maritime production concession in shallow waters located in the Camamu Basin, in the State of Bahia”, said the state-owned company.

ARTICLE CONTINUES BELOW

See also

According to Petrobras, in this phase potential buyers qualified for this phase receive a descriptive memorandum containing more detailed information about the asset in question, as well as instructions regarding the divestment process, including guidelines for the preparation and submission of non-binding proposals.

Petrobras also states that the operation is aligned with the company’s portfolio optimization strategy and improved capital allocation, increasingly focusing its resources on deep and ultra-deep waters.

Petrobras – About the Manati Field, Bahia

The Manati Field is located 10 km off the coast of Cairú/BA, in water depths between 35 and 50 meters.

The field began operations in 2007, and its average production in 2019 was 105 bpd of condensate and 1,269 thousand m3/day of gas, through the fixed platform PMNT-1, which involves a subsea structure composed of 6 gas-producing wells.

Petrobras is the operator of the field, with a 35% stake, in partnership with Enauta Participações (45%), Geopark Brasil E&P de Petróleo e Gás Ltda. (10%) and Brasoil Manati Exploração Petrolífera Ltda. (10%).

Petrobras Advances Sale Process of Oil Fields in the Camamu Basin, Bahia

Petrobras Is the Operator of the Oil Field, With 35%, in Partnership With Enauta (45%), E&P de Petróleo e Gás Ltda. (10%) and Brasoil Manati. (10%).

Read Also

Mayor orders wireless network turned off in municipal schools due to fear of electromagnetic radiation in children, replaces connection with Ethernet cables, and transforms small Italian city into a symbol of technological panic.

Goodbye traditional washing machine: Xiaomi surprises and launches an ultra-slim version with 27 programs, 3D water flow, steam sterilization, app control, enlarged drum, and a silent system with double suspension

An entire country within the mountains is selling water to Africa’s largest economy: Lesotho builds dams, tunnels, and bridges at an altitude of 2,000 meters to send more than 1.27 billion m³ per year to Johannesburg

Toyota ends the Diesel era: new Hilux with up to 380 km of urban range brings 196 hp, 59.2 kWh battery, 4×4 traction and 715 kg of load capacity

An unmanned Russian ship has been drifting in the Mediterranean for 57 days with 60,000 tons of gas — the second towing attempt has just failed.

With an 88-meter wingspan, a capacity of 250 tons, six engines, and 32 wheels, the Ukrainian giant became the greatest symbol of extreme air transport and one of the most impressive machines in aviation history.

With 360-degree radar, the U.S. Navy receives its 70th E-2D Advanced Hawkeye aircraft and reinforces air surveillance on aircraft carriers.

WHO breaks its silence on hantavirus on the MV Hondius, rules out similarity with the start of Covid-19, and explains why the global risk remains low

Famous fast-food chain will distribute millions of 2026 World Cup album sticker packs and transform combos into a new race for official stickers.

Correios become the state-owned company with the largest debt guaranteed by the Treasury, concentrating R$ 10 billion in guarantees, and leaving behind Eletronuclear and Eletrobrás in a multi-billion ranking.

Scientists are very clear: areas of Oahu, in Hawaii, are sinking up to 40 times faster than predicted, and this could accelerate floods in Honolulu, Waikiki, and Pearl Harbor in the coming decades, threatening homes, businesses, and infrastructure with estimated damages of billions of dollars.

Petrobras Advances Sale Process of Oil Fields in the Camamu Basin, Bahia

Petrobras Is the Operator of the Oil Field, With 35%, in Partnership With Enauta (45%), E&P de Petróleo e Gás Ltda. (10%) and Brasoil Manati. (10%).

Read Also

Mayor orders wireless network turned off in municipal schools due to fear of electromagnetic radiation in children, replaces connection with Ethernet cables, and transforms small Italian city into a symbol of technological panic.

Goodbye traditional washing machine: Xiaomi surprises and launches an ultra-slim version with 27 programs, 3D water flow, steam sterilization, app control, enlarged drum, and a silent system with double suspension

An entire country within the mountains is selling water to Africa’s largest economy: Lesotho builds dams, tunnels, and bridges at an altitude of 2,000 meters to send more than 1.27 billion m³ per year to Johannesburg

Toyota ends the Diesel era: new Hilux with up to 380 km of urban range brings 196 hp, 59.2 kWh battery, 4×4 traction and 715 kg of load capacity

An unmanned Russian ship has been drifting in the Mediterranean for 57 days with 60,000 tons of gas — the second towing attempt has just failed.

With an 88-meter wingspan, a capacity of 250 tons, six engines, and 32 wheels, the Ukrainian giant became the greatest symbol of extreme air transport and one of the most impressive machines in aviation history.

Oil sees sharp drop after rumors of a deal between the United States and Iran raise hopes for an end to the war in the Middle East.

Brazil’s oil production soars and hits an all-time high for the second consecutive month, driven by the pre-salt and the advancement of energy sector giants.

Oil price falls even with Trump’s threats to Iran and rising geopolitical tensions in the Middle East impacting global market expectations.

China discovers more than 200 new oil and gas fields in the last five years

Petrobrás indicates a strong first quarter in 2026 with high production, robust cash generation, and an expectation of up to $2.4 billion in dividends for shareholders.

With 360-degree radar, the U.S. Navy receives its 70th E-2D Advanced Hawkeye aircraft and reinforces air surveillance on aircraft carriers.

WHO breaks its silence on hantavirus on the MV Hondius, rules out similarity with the start of Covid-19, and explains why the global risk remains low

Famous fast-food chain will distribute millions of 2026 World Cup album sticker packs and transform combos into a new race for official stickers.

Correios become the state-owned company with the largest debt guaranteed by the Treasury, concentrating R$ 10 billion in guarantees, and leaving behind Eletronuclear and Eletrobrás in a multi-billion ranking.

Scientists are very clear: areas of Oahu, in Hawaii, are sinking up to 40 times faster than predicted, and this could accelerate floods in Honolulu, Waikiki, and Pearl Harbor in the coming decades, threatening homes, businesses, and infrastructure with estimated damages of billions of dollars.