Petrobras stakes claim for offshore Brazil rights areas

Offshore staff

RIO DE JANEIRO – Petrobras has expressed interest in two areas in the presalt Santos basin offered under Brazil’s Second Bidding Round of the Transfer of Rights’ Surplus Volumes.

The company is targeting a 30% stake in the Atapu and Sépia areas, under the preferential rights arrangement.

Assuming government approval, the signature bonuses would be R$1,200.6 million ($224 million) for Atapu and R$2,141.4 million ($400 million) for Sépia.

Petrobras’ Strategic Plan is to focus its resources in world-class assets in deep and ultra-deepwaters.

04/29/2021