Petrobras Starts Sale of Seven Oil Fields and Natural Gas Processing Unit in Alagoas State

Written by Flavia Marinho

Published on 16/10/2020 at 08:19

Updated on 16/10/2020 at 10:09

Segundo a Petrobras, além dos campos de petróleo e suas instalações de produção, está incluída na transação a Unidade de Processamento de Gás Natural (UPGN) 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 reported in a relevant fact last night (10/15) the start of the binding phase regarding the sale of its entire interest in a set of seven concessions for onshore and shallow water oil fields in the state of Alagoas. Petrobras May Resume Exploration Activities in the Northeast

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

In a statement, Petrobras said that qualified potential buyers for this phase will receive an invitation letter with instructions on the divestment process, including guidelines for conducting due diligence and submitting binding proposals.

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The operation is aligned with Petrobras’ portfolio optimization strategy and capital allocation improvement, which is increasingly concentrating its resources in deep and ultra-deep waters, where the company has demonstrated a significant competitive edge over the years.

About the Onshore Oil Fields for Sale by Petrobras in Alagoas

The Alagoas Hub comprises seven production concessions (Anambé, Arapaçu, Cidade de 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 waters, with a water depth of 24 meters. The other fields are onshore.

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

https://en.clickpetroleoegas.com.br/web-stories/noticias-e-vagas-de-emprego-petrobras-2%c2%ba-semana-de-outubro-2020/

Petrobras Starts Sale of Seven Oil Fields and Natural Gas Processing Unit in Alagoas State

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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Major Oil, Gas, and Energy Event Will Take Place in Brazil: Macaé Energy Will Gather Petrobras, Equinor, Prio, Among Other Suppliers and Energy Executives for Business, Networking, and Employment Opportunities

About the Onshore Oil Fields for Sale by Petrobras in Alagoas

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Petrobras Starts Sale of Seven Oil Fields and Natural Gas Processing Unit in Alagoas State

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