Qualified bidders for this phase will receive a process letter with instructions on the divestment process, including guidelines for due diligence and the submission of binding proposals.
Petrobras acquired the concession for the surrounding BC-60 block under the ANP’s Round Zero bid round. Other fields in the block are not part of the present assignment of rights process.
The concession area is in water depths of 1,700-1,950 m (5,577-6,398 ft). To date the company has drilled four wells on Catuá, of which three encountered light oil in carbonate reservoirs.