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Brazil s Petrobras delays first oil from Mero Field until Q1 2022

Rio de Janeiro Brazilian state-led oil company Petrobras will pump first oil from the Mero Field in the Libra production-sharing area in the first quarter of 2022 amid delays in building the field s first floating production unit, the company said April 7. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The FPSO is going through conversion in China and, because of the COVID-19 pandemic, there were delays in work on the unit, with a subsequent adjustment in the project s timeline, Petrobras said. The company had said Feb. 25 that it expected the FPSO Guanabara floating production, storage and offloading vessel to pump first oil in the fourth quarter of 2021, likely close to the end of the year.

Petrobras to acquire BP s stakes in six blocks offshore Brazil

Petrobras to acquire BP’s stakes in six blocks offshore Brazil 7 April 2021 (Last Updated April 7th, 2021 17:31) Petrobras has agreed to acquire BP Energy do Brasil’s (BP) stakes in six blocks located in ultra-deepwater in northern Brazil. BP will transfer its entire 30% stake in six blocks offshore Brazil. Credit: Dean Brierley / Unsplash. Share Article Petrobras has agreed to acquire BP Energy do Brasil’s (BP) stakes in six blocks located in ultra-deepwater in northern Brazil. Under the agreement, BP will transfer its entire 30% stake FZA-M-57, FZA-M-59, FZA-M-86, FZA-M-88, FZA-M-125 and FZA-M-127 blocks. Financial terms of the deal have not been made public.

EXCLUSIVE-Talos, Enauta consortium places bid for Petrobras Albacora fields, sources say

A consortium of Talos Energy Inc, private equity firm EIG Global Energy Partners, Enauta Participacoes SA and 3R Petroleum Oleo e Gas SA has submitted a non-binding offer for Brazilian oilfields Albacora and Albacora Leste, four sources familiar with the matter told Reuters.

Exclusive: Talos, Enauta consortium places bid for Petrobras Albacora fields, sources say

3 Min Read RIO DE JANEIRO (Reuters) - A consortium of Talos Energy Inc, private equity firm EIG Global Energy Partners, Enauta Participacoes SA and 3R Petroleum Oleo e Gas SA has submitted a non-binding offer for Brazilian oilfields Albacora and Albacora Leste, five sources familiar with the matter told Reuters. Slideshow ( 2 images ) The exact value of the bid submitted to Brazil’s state-led oil company Petrobras was unclear, though the asset is likely to fetch in the billions of dollars, said two of the sources, who requested anonymity to discuss confidential talks. The bid was officially submitted on Monday, one source said.

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