Brazilian state-owned oil and fuel main Petróleo Brasileiro S.A. has began the binding part for the switch of its minority curiosity within the exploration, growth, and manufacturing of oil and pure fuel within the Tartaruga discipline. Petrobras reminded in its media launch that the
The sector is positioned within the municipality of Pirambu-SE, in shallow waters of the Sergipe-Alagoas Basin. Petrobras owns a 25 p.c curiosity within the asset, which is operated by SPE TIETA (an organization managed by Petrorecôncavo) with a 75 p.c curiosity.
Petrobras mentioned in a press launch that certified potential consumers might be notified by way of an invite letter together with directions relating to the continuing course of. The letter may even embody directions for conducting due diligence and submitting binding proposals.
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The concession was secured throughout the Nationwide Company of Petroleum, Pure Fuel, and Biofuels Zero Spherical of Block Bidding, in accordance with Petrobras.
Petrobras mentioned that the doable switch of its stake within the discipline wouldn’t have an effect on the corporate’s different actions within the area. As set out in its 2025-2029 Enterprise Plan, Petrobras will preserve essential investments within the state of Sergipe, with the contracting of two FPSOs for the Sergipe Deepwater space with a manufacturing capability of as much as 120,000 barrels per day every and the development of a fuel pipeline with a capability of 18 million cubic meters per day, Petrobras mentioned.
Petrobras mentioned it had no staff devoted to the Tartaruga discipline. Consequently, the switch of Petrobras’ curiosity within the Tartaruga discipline wouldn’t have an effect on its inside or contracted workforce, it mentioned.
Tartaruga wells had been drilled directionally from a land-based facility positioned inside the discipline, Petrobras mentioned.
Primarily based on the typical for 2024, Petrobras’ share of manufacturing from the Tartaruga Area was roughly 41 barrels of oil per day and 689 cubic meters per day of related fuel.
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