Petrobras’ board has approved the sale of the Alagoas Cluster fields in the state of Alagoas to Petromais Global Exploração e Produção for $300 million.
(Courtesy Petrobras)
Offshore staff
RIO DE JANEIRO – Petrobras’ board has approved the sale of the onshore/shallow water Alagoas Cluster fields in the state of Alagoas to Petromais Global Exploração e Produção (Petro+) for $300 million.
The Cluster comprises seven production concessions, which include the producing Paru field in a water depth of 24 m (78.7 ft).
Average production from the various fields between January and May was 1,900 b/d of oil and condensate and 602,000 cu m/d of gas.
Also included in the transaction is the Natural Gas Processing Unit of Alagoas, with a processing capacity of 2 MMcm/d.
