Petrobras inicia venda de campos terrestres no Amazonas

Petrobras Starts Sale of Onshore Fields in Amazonas

Written by Renato Oliveira

Published on 14/09/2019 at 16:00

Petrobras vende poços

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Polo Cupiúba and Carapanaúba Land Assets in Amazonas Will Have 100% of Petrobras’ Stake Put Up for Sale.

Petrobras’ divestment program is in full swing. The company announced yesterday, Friday (09/13), the opening of the sale process for 100% of its stake in the Polo Cupiúba and Carapanaúba land concessions in Amazonas. See here the fields that the state-owned company is selling in Bahia.

This first stage of the process involves the disclosure of divestment opportunities, which the market usually refers to as a “teaser.”

ARTICLE CONTINUES BELOW

The Fields

The land fields for sale by Petrobras are located in Coari in the state of Amazonas and are called Cupiúba and Carapanaúba.
The average production of the assets, according to Petrobras, was 81 barrels per day of oil and 82 thousand cubic meters of gas daily last year.

Petrobras emphasized that the sale of land fields is in line with the new management’s policy and added that further stages of the sale process will be disclosed later.

“This operation is aligned with optimizing the portfolio and improving the company’s capital allocation, aiming to generate value for our shareholders,” the statement said.

See also! The government intends to end Petrobras’ favoritism and relax the pre-salt exploration regime, allowing blocks in these areas to be auctioned under the concession model – in which the company becomes the owner of the oil but assumes the activity’s risk, and the winner of the bid is the one who offers the highest price.

The change has the potential to increase federal revenue in the short term, which would allow for an improvement in public accounts at a time of resource scarcity.

Petrobras Starts Sale of Onshore Fields in Amazonas

Polo Cupiúba and Carapanaúba Land Assets in Amazonas Will Have 100% of Petrobras’ Stake Put Up for Sale.

The Fields

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Petrobras Starts Sale of Onshore Fields in Amazonas

Polo Cupiúba and Carapanaúba Land Assets in Amazonas Will Have 100% of Petrobras’ Stake Put Up for Sale.

The Fields

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.

With 7.4 trillion tons of artificial snow pumped in 10 years, an extreme operation could stabilize the West Antarctic ice sheet and prevent a sea level rise of more than 3 meters, but it would require snow cannons, ocean water, and energy on an almost industrial scale at the end of the world.

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.

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