Petrobras inviting farm-ins to Espírito Santo blocks
Sept. 14, 2020
Petrobras has opened the binding phase of the sale of part of its interest in five offshore blocks in Brazil’s Espírito Santo basin.
Offshore staff
RIO DE JANEIRO – Petrobras has opened the binding phase of the sale of part of its interest in five offshore blocks in Brazil’s Espírito Santo basin.
The concessions were awarded under the ANP’s 11th Bidding Round in 2013 and are currently in the 1st Exploration Period. The process of assigning to Petrobras Equinor’s stakes in all the concessions and Total’s stakes in two is under way.
On completion, Petrobras will become operator in each case with the following stakes: ES-M-596_R11 (100%); ES-M-598_R11 (80%, Enauta 20%); ES-M-671_R11 and ES-M-743_R11 (100%).
