Petrobras inicia venda de sua participação em Blocos Exploratórios na Bacia do Maranhão

Petrobras Starts Sale of Its Stake in Exploration Blocks in the Maranhão Basin

Written by Paulo Nogueira

Published on 03/02/2020 at 22:27

Be the first to react!

Sinopec Brazil Is a Partner of Petrobras in One of These Blocks in the Maranhão Basin and Can Exercise Right of First Refusal Over It

In a press release this Monday evening (03), Petrobras announces that it has kicked off the process to divest from the exploratory blocks it participates in the Maranhão Basin, named BM-PAMA-3 and BM-PAMA-8.

Nowadays, Petrobras is the operator of these blocks, holding a 100% stake in BM-PAMA-3 and an 80% stake in BM-PAMA-8, while Sinopec Brazil holds the remaining 20%.

In Block BM-PAMA-3, Petrobras will sell half of its stake or 50%.

ARTICLE CONTINUES BELOW

See also

In BM-PAMA-8, the divestment will be 40%. Sinopec has the right of first refusal over this block, should it choose to exercise that right.

For those seeking more information about this teaser, data, and technical criteria for companies to participate, the complete documentation can be found here: https://investidorpetrobras.com.br/pt/resultados-e-comunicados/teasers

The main subsequent stages of the project will be promptly communicated to the market.

About These Exploratory Blocks of Petrobras

The BM-PAMA-3 concession originates from the 3rd Round of Bidding by ANP and is currently in the Discovery Evaluation phase, due to the discovery made in well 1-BRSA-903-PAS (Harpia)

The BM-PAMA-8 concession, which comprises the PAMA-M-192 and PAMA-M-194 blocks, was acquired in the 6th Round of Bidding by ANP. Currently, it belongs to the consortium formed by Petrobras (operator – 80%) and Sinopec (20%) and is in the 2nd Exploratory Period.

The concessions present a limited exploratory commitment with the potential to prove significant volumes and establish a position in a new exploratory frontier.

Petrobras Starts Sale of Its Stake in Exploration Blocks in the Maranhão Basin

Sinopec Brazil Is a Partner of Petrobras in One of These Blocks in the Maranhão Basin and Can Exercise Right of First Refusal Over It

About These Exploratory Blocks of Petrobras

A village with 115 inhabitants wants new residents: it offers a house, a job, up to 44 thousand euros in benefits, almost free rent, an annual grant of 8 thousand euros for 3 years, and a 20 thousand euro incentive for businesses in the mountains of Italy.

NASA is offering US$ 750,000 to people from anywhere in the world who solve a problem that could decide survival on Mars: creating food for astronauts without relying on resupply from Earth.

New microwave that can replace three appliances hits the market: Sharp launches 3-in-1 model that combines air fryer, convection oven, and heating in 0.9 cubic feet for small kitchens

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.

The United Kingdom removed approximately 1.8 million cubic meters of sand from the seabed and is depositing it all on 6 kilometers of beaches in Norfolk, in a mega-operation to curb erosion, protect coastal villages, and shield a vital gas terminal against the encroaching Atlantic.

After 16 years and almost 600 prototypes, a Chinese inventor unveils the world’s smallest and cheapest manned jet, at just 3.80 meters long and costing US$7.2 thousand in materials.

Magalu has a clearance sale on JBL Boombox 4 with 210W of power, 34-hour battery, and 3-way system.

Seven world powers including the US, China, and Russia are spending €22 billion on a reactor in the south of France that aims to confine plasma at 150 million degrees Celsius, ten times the temperature of the Sun’s core, using a magnetic field capable of lifting an entire aircraft carrier.

Comet 3I/ATLAS comes from outside the Solar System, carries “heavy” water at an unprecedented level, and leaves scientists intrigued about where this alien visitor truly originated.

Mr. Jayr, at 78 years old, lives high up in the Serra do Condado, where he was born with 13 siblings. He produces milk, makes award-winning artisanal cheeses, and preserves a family tradition marked by hard work, faith, and love for the land.

While refrigerators and air conditioners still rely on gases that can leak, a Cambridge startup raises $10 million to create refrigeration with plastic crystals that cool when squeezed.

The solar-powered electric tricycle that carries 272 kilograms of cargo like a truck and requires no license, registration, or insurance already functions as a utility delivery vehicle, coffee on wheels, and a mobile farm base, without spending a liter of fuel.

Petrobras Starts Sale of Its Stake in Exploration Blocks in the Maranhão Basin

Sinopec Brazil Is a Partner of Petrobras in One of These Blocks in the Maranhão Basin and Can Exercise Right of First Refusal Over It

About These Exploratory Blocks of Petrobras

A village with 115 inhabitants wants new residents: it offers a house, a job, up to 44 thousand euros in benefits, almost free rent, an annual grant of 8 thousand euros for 3 years, and a 20 thousand euro incentive for businesses in the mountains of Italy.

NASA is offering US$ 750,000 to people from anywhere in the world who solve a problem that could decide survival on Mars: creating food for astronauts without relying on resupply from Earth.

New microwave that can replace three appliances hits the market: Sharp launches 3-in-1 model that combines air fryer, convection oven, and heating in 0.9 cubic feet for small kitchens

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.

The United Kingdom removed approximately 1.8 million cubic meters of sand from the seabed and is depositing it all on 6 kilometers of beaches in Norfolk, in a mega-operation to curb erosion, protect coastal villages, and shield a vital gas terminal against the encroaching Atlantic.

After 16 years and almost 600 prototypes, a Chinese inventor unveils the world’s smallest and cheapest manned jet, at just 3.80 meters long and costing US$7.2 thousand in materials.

Magalu has a clearance sale on JBL Boombox 4 with 210W of power, 34-hour battery, and 3-way system.

Brazil discovers natural hydrogen in four states and enters the silent race that could redraw the energy transition: Petrobras has already invested R$ 20 million in studies.

Trump promises transparency in Venezuela’s oil, but secret deals and corruption allegations continue to surround the billion-dollar sector.

Oil near US$100 raises tension on Wall Street and amplifies global fear about inflation, energy, and the Middle East crisis

Oil moves trillions worldwide, dominates energy generation, and continues to be a strategic resource for major global powers.

United States intercepts six Iranian vessels in the Strait of Hormuz and April ceasefire is once again threatened

Seven world powers including the US, China, and Russia are spending €22 billion on a reactor in the south of France that aims to confine plasma at 150 million degrees Celsius, ten times the temperature of the Sun’s core, using a magnetic field capable of lifting an entire aircraft carrier.

Comet 3I/ATLAS comes from outside the Solar System, carries “heavy” water at an unprecedented level, and leaves scientists intrigued about where this alien visitor truly originated.

Mr. Jayr, at 78 years old, lives high up in the Serra do Condado, where he was born with 13 siblings. He produces milk, makes award-winning artisanal cheeses, and preserves a family tradition marked by hard work, faith, and love for the land.

While refrigerators and air conditioners still rely on gases that can leak, a Cambridge startup raises $10 million to create refrigeration with plastic crystals that cool when squeezed.

The solar-powered electric tricycle that carries 272 kilograms of cargo like a truck and requires no license, registration, or insurance already functions as a utility delivery vehicle, coffee on wheels, and a mobile farm base, without spending a liter of fuel.