Petrobras Solicits Bids for 50% Interests in the Dó-Ré-Mi and Rabo Branco Fields

Updated 1 year 5 months ago

Petrobras followed up on a December 2019 press release in a January announcement of a binding phase for the sale of a 50% non-operated interests in the Dó-Ré-Mi and Rabo Branco fields. These fields belong to the BT-SEAL-13 concession, located in the Sergipe-Alagoas Basin which were acquired in the ANP's seventh bidding round in 2005 and began producing light oil in 2012. The Dó-Ré-Mi field has two gas discovery wells but no production yet. Both fields have full seismic coverage. Galp Energia is the operator of both fields with 50% stakes. Offers must be made separately.