Petrobras has started the opportunity disclosure stage, referring to the sale of the totality of its stake in the Uruguá and Tambaú fields, belonging to the BS-500 concession off the state of Rio de Janeiro. Production from the fields was around 5,000 barrels of oil per day (bpd) and 918,000 m3/day of gas in 2020. “This transaction is in line with the company’s strategy of portfolio optimization, debt reduction and capital allocation improvement, as it increasingly concentrates its resources in world-class assets in deep and ultra-deep waters”, he said. The Uruguá and Tambaú fields belong to the BS-500 concession, which was acquired through the Zero Round of the National Agency of Petroleum, Natural Gas and Biofuels. The fields are located in the northern portion of the Santos Basin, between 140 and 160 km off the coast of the state of Rio de Janeiro, in water depths ranging from 1,000 to 1,500 meters. Petrobras holds a 100% stake in both fields.
Source: Notícias Agrícolas (*Translated by Ia Niani)