Petrobras
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Onshore stake valued at $1.1 billion. -
Santos basin pre-salt find to be further evaluated following completion of well.
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The new production vessel will be installed at the state oil company’s Parque das Baleias complex.
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FPSO Sepetiba will be deployed at Petrobras’ Mero field in the Santos basin offshore Brazil.
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Production vessel has the capacity to produce up to 180,000 B/D of oil.
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Sale of the assets could raise around $1 billion.
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Aram block was awarded as part Brazil’s 6th Pre-Salt Round.
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Excelerate, once disqualified from the proceedings, ends up with lease agreement to December 2023.
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Brazilian state oil company will charter two pipelay support vessels for 3 years plus options.
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Contractor, operators will work to bring thermoplastic composite pipe (TCP) flowline and riser technology to market.
