Petrobras Reports Progress in Selling the Natural Gas Processing Unit and Seven Oil Fields in the State of Alagoas

Written by Flavia Marinho

Published on 29/07/2020 at 11:26

Petrobras informa avanço na venda da Unidade de Processamento de Gás Natural e de sete campos de petróleo no estado de Alagoas

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According to Petrobras, in addition to the oil fields and their production facilities, the Natural Gas Processing Unit (UPGN) in Alagoas is included in the transaction

Petrobras announced on Wednesday (29) the progress in the process of selling its entire stake in a set of seven concessions for onshore and shallow water oil fields located in the state of Alagoas. The Gas Market in Shipbuilding: Brazilian Shipyards Are Being Consulted to Build Gas Carriers

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According to Petrobras, in addition to the concessions and their production facilities, the Natural Gas Processing Unit (UPGN) in Alagoas, responsible for processing 100% of the gas from the hub and for generating LNG, which has a processing capacity of 2 million cubic meters per day, is included in the transaction.

The divestment in the so-called Alagoas Hub thus enters the non-binding phase, in which qualified potential buyers receive instructions for submitting initial proposals for the asset.

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About the Onshore Oil Fields for Sale by Petrobras in Alagoas

The Alagoas Hub comprises seven production concessions (Anambé, Arapaçu, City of São Miguel dos Campos, Furado, Paru, Pilar, and São Miguel dos Campos), all located in the state of Alagoas.

The Paru field is located in shallow water, with a water depth of 24 meters. The other fields are onshore.

In 2019, the average production of the hub was 2,348 barrels of oil and condensate and 856 thousand m³/day of gas, generating a total of 1,010 bpd of LNG.

Petrobras Reports Progress in Selling the Natural Gas Processing Unit and Seven Oil Fields in the State of Alagoas

According to Petrobras, in addition to the oil fields and their production facilities, the Natural Gas Processing Unit (UPGN) in Alagoas is included in the transaction

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About the Onshore Oil Fields for Sale by Petrobras in Alagoas

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Petrobras Reports Progress in Selling the Natural Gas Processing Unit and Seven Oil Fields in the State of Alagoas

According to Petrobras, in addition to the oil fields and their production facilities, the Natural Gas Processing Unit (UPGN) in Alagoas is included in the transaction

Read Also

About the Onshore Oil Fields for Sale by Petrobras in Alagoas

Mother and daughter build a 70 m² house with more than 8,000 discarded glass bottles and impress with their creativity; known as the Casa de Sal, the property is located on Itamaracá Island, in Pernambuco.

Workers were opening a new road connection near the Marginal Tietê when they found, in the underground of the construction site, remnants of locomotives, wagons, and boilers from the 19th century linked to the forgotten history of Lapa.

Instead of burning or burying old tires, an American city is transforming about 2,000 of them into the street itself, paving its first sections with a quieter and more durable rubber asphalt.

China transforms desert-devastated area into the world’s largest artificial forest, planting trees for 60 years, blocking sand that reached Beijing, and creating a “green lung” of 92,000 hectares in a region once considered lost.

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