Petrobras Puts Pre-Salt Asset in Santos Basin, off the Coast of São Paulo, Up for Sale

Written by Paulo Nogueira

Published on 10/08/2020 at 22:09

petrobras, gás natural

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The Opportunity Refers to Concession BM-S-51 Whose Petrobras Is the Majority Operator Followed by Repsol off the Coast of SP

In an official statement to the press on Monday (10), Petrobras announced it has started the process of selling up to 100% of its concession in BM-S-51, in the pre-salt polygon in the Santos Basin, off the coast of São Paulo.

The goal of the Brazilian state-owned company is to transfer the operations of the asset, where it currently holds 80% and is the majority operator, while Repsol Sinopec Brasil holds the remaining 20%.

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The first stage is the publication of the opportunity (teaser), exposing more details of the sales memorandum and then the requirements that interested companies must meet to take over the asset. This includes the following configurations:

Water Depth Between 350 Meters and 1,650 Meters
About 215 Kilometers from the Coast of São Paulo
Was acquired in 2005, in the rounds of bidding promoted by ANP

Petrobras Puts Pre-Salt Asset in Santos Basin, off the Coast of São Paulo, Up for Sale

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