Petrobras divests Alagoas Cluster fields

Offshore staff

RIO DE JANEIRO – Petrobras has completed the sale of its interest in seven producing concessions forming the Alagoas Cluster, onshore and offshore Alagoas State, Brazil, to Origem Energia.

Origem (ex-Petro+) is a Brazilian E&P and thermoelectric power generation company. The full sale price is $300 million.

The Alagoas Cluster, which includes the shallow-water Paru field concession in 24 m (79 ft) water depth, delivered on average 1,620 b/d of oil, 62,000 b/d of oil and condensate, and 550,000 cu m/d of gas last year.

Also included in the transaction is the Natural Gas Processing Unit (UPGN) of Alagoas, which handles all the cluster’s gas, processing up to 2 MMcm/d.

02/07/2022