Petrobras finds buyer for Alagoas Cluster fields

July 1, 2021
Petrobras’ board has approved the sale of the Alagoas Cluster fields in the state of Alagoas to Petromais Global ExploraĂ§Ă£o e ProduĂ§Ă£o for $300 million.

Offshore staff

RIO DE JANEIRO – Petrobras’ board has approved the sale of the onshore/shallow water Alagoas Cluster fields in the state of Alagoas to Petromais Global ExploraĂ§Ă£o e ProduĂ§Ă£o (Petro+) for $300 million.

The Cluster comprises seven production concessions, which include the producing Paru field in a water depth of 24 m (78.7 ft).

Average production from the various fields between January and May was 1,900 b/d of oil and condensate and 602,000 cu m/d of gas.

Also included in the transaction is the Natural Gas Processing Unit of Alagoas, with a processing capacity of 2 MMcm/d.

07/01/2021