Offshore staff
RIO DE JANEIRO, Brazil — Petrobras’ board has approved the sale of the company’s interests in the shallow-water Cherne and Bagre fields in the Campos Basin to Perenco Petróleo e Gás do Brasil.
Production from the two fields was interrupted in March 2020 and their platforms (PCH-1 and PCH-2) have since been mothballed.
Perenco, which has operated the Carapeba, Pargo and Vermelho fields in shallow waters in the same basin since 2019, will pay Petrobras $10 million and plans to restart production. Petrobras said the deal was more advantageous than having to decommission the facilities and relinquish the concessions to the ANP.
Most of Petrobras’ teams that had worked on the two fields have since been redirected to other activities. The workforce that has been maintaining the platforms will also be integrated into other Petrobras operations following completion of the transaction.
The company acquired the fields under the ANP’s Zero Bid Round. Both are 73 km from the coast of the state of Rio de Janeiro, in water depths of 108 m to 150 m.
Petrobras also revealed that it has signed a memorandum of understanding with the China National Chemical Energy Co. (CNCEC).
The proposed partnership could enter commercial agreements for oil exploration, renewable energies and energy transition, R&D and refining/petrochemicals.
04.18.2024
