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    1. Regional Reports
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    Equinor close to paying off Bacalhau area acquisition offshore Brazil

    Dec. 10, 2021
    Petrobras expects to receive the final instalment from Equinor ($950 million) related to the sale of the BM-S-8 block in the presalt Santos basin.
    (Courtesy Equinor)
    Equinor Brazil 61b3896179a9a

    Offshore staff

    RIO DE JANEIRO – Petrobras expects to receive the final instalment from Equinor ($950 million) related to the sale of the BM-S-8 block in the presalt Santos basin offshore Brazil.

    The block includes Equinor’s current Bacalhau field development (formerly the Carcará area).

    The full value of the transaction, which closed in late 2016, was $2.15 billion.

    12/10/2021