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Galp : Final investment decision for Bacalhau phase 1 in Brazil
édité le 02/06/2021 - Plus de news de GALP - Voir la fiche entreprise de GALP
Equinor (operator) and ExxonMobil, Petrogal Brasil and Pré-sal Petróleo SA (PPSA) have decided to develop phase one of the Bacalhau field in the Brazilian pre-salt Santos area. The investment is approximately 8 billion USD.
This is an exciting day. Bacalhau is the first greenfield development by an international operator in the pre-salt area and will create great value for Brazil, Equinor and partners. Good cooperation with partners, Brazilian authorities and suppliers has resulted in an investment decision for the Bacalhau field, says
Equinor (operator) and ExxonMobil, Petrogal Brasil and Pré-sal Petróleo SA (PPSA) have decided to develop phase one of the Bacalhau field in the Brazilian pre-salt Santos area. The investment is approx. 8 billion USD.
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Brazil: Petrobras announces sale of onshore field in Sergipe
11 May 2021
Petrom Produção de Petróleo & Gás Ltda. (Petrom) a contract for the sale of its entire
50% stake in the onshore field of Rabo Branco, located in the Sergipe-Alagoas Basin, in the State of Sergipe.
The signing results from the exercise of the right of first refusal by Petrom, which holds the remaining 50% stake in the field. On December 11, 2020, Petrobras signed with Energizzi Energias do Brasil Ltda. (Energizzi) a purchase and sale contract for its entire stake in the Rabo Branco field, with one of the precedent conditions to the closing of the operation being the non-exercise of the right of first refusal by the operator Petrom. In this process, Petrom communicated the exercise of its right of first refusal to Petrobras, which led to the termination of the purchase and sale contract with Energizzi and the execution of the contract with Petrom, under the same previously established conditions.