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    1. Regional Reports
    2. US & Gulf of Mexico

    Petrobras puts Gulf of Mexico assets up for sale

    Oct. 4, 2021
    Petrobras has started the opportunity disclosure stage for the sale of the entire 20% stake held by its subsidiary Petrobras America Inc. in MP Gulf of Mexico, LLC.
    (Courtesy BW Offshore)
    The FPSO BW Pioneer serves the Cascade and Chinook fields in the Gulf of Mexico.
    The FPSO BW Pioneer serves the Cascade and Chinook fields in the Gulf of Mexico.

    Offshore staff

    RIO DE JANEIRO – Petrobras has started the opportunity disclosure stage (teaser) for the sale of the entire 20% stake held by its subsidiary Petrobras America Inc. (PAI) in MP Gulf of Mexico, LLC (MPGOM).

    Created in October 2018, MPGOM is a joint venture company between Murphy Exploration & Production Co. (80%) and PAI (20%). The joint venture owns an interest in 15 fields in the US Gulf of Mexico along with an interest in St. Malo host facility.

    Petrobras’ share of the fields’ production in the first half of 2021 was 11,300 boe/d.

    Prospective buyers must demonstrate interest in entering the process by Oct. 25, Petrobras said.

    (Courtesy Petrobras)
    Petrobras104

    10/04/2021