Petrobras starts sale process for two Santos basin fields
Offshore staff
RIO DE JANEIRO – Petrobras has started the binding phase for the sale of its 100% stakes in the producing Uruguá and Tambaú fields in the BS-500 concession in the Santos basin offshore Brazil.
Qualified bidders will receive a letter with instructions on the divestment process, including guidelines for due diligence and the submission of binding proposals.
Petrobras acquired BS-500 through the ANP’s Zero Licensing Round. They are in the northern part of the Santos basin,140-160 km (87-99.4 mi) from the coast of Rio de Janeiro State, in water depths ranging from 1,000-1,500 m (3,281-4,921 ft).
Combined production in 2020, through an FPSO Cidade de Santos MV20, was around 5,000 b/d of oil and 918,000 cu m/d of gas.
10/28/2021

