Petrobras Puts Two More Deepwater Oil Fields in Campos Basin Up For Sale

The Two Oil Fields Located in the Campos Basin Will Be Sold by Petrobras With Production and Flow Infrastructure

Petrobras announced in a relevant fact on the morning of this Friday (09/25) that it has begun the process of selling its entire stake in the Albacora and Albacora Leste concessions, located in deep waters in the Campos Basin. Many job openings in Macaé, SP and ES opened by the Human Resources of Priner operating in Offshore, Naval, Mining, Steelmaking, and Infrastructure

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The Brazilian state oil company stated in the announcement that “the operation is aligned with the strategy of portfolio optimization and improvement of the company’s capital allocation, focusing increasingly on deep and ultra-deep waters, where Petrobras has demonstrated a significant competitive advantage over the years.”

The Albacora oil field, in which Petrobras holds a 100% stake, covers an area of 455 square kilometers and is located north of Campos, Rio de Janeiro. In August of this year, Albacora produced 38,700 barrels of oil per day and 716,000 m³/day of gas.

Also located north of Campos, Rio de Janeiro, the Albacora Leste oil field, where Petrobras is the field operator with a 90% stake and the remaining 10% belongs to Repsol Sinopec Brasil, covers an area of 511.56 square kilometers. In August 2020, Albacora Leste produced 33,300 barrels of oil per day and 707,000 m³/day of gas.

You can check the teaser, which contains the main information about the opportunity, as well as the eligibility criteria for selecting potential participants, directly on Petrobras’ website by clicking here.

Petrobras Hires Two Semi-Submersible Platforms for Maintenance and Support in the Pre-Salt

The offshore accommodation platforms will be used for maintenance and accommodation support for Petrobras platforms and floating production storage and offloading vessels (“FPSO”) in Brazilian pre-salt waters for approximately 3 years.

Petrobras will have the option to extend the contracts for another 1.5 years for both vessels that will operate in the pre-salt.

This is the third contract of POSH Xanadu and the first of POSH Arcadia with Petrobras. The two platforms are designed for deep waters and aggressive operational environments, such as the Brazilian pre-salt. They offer accommodation for 750 people each.