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Petrobras will bid for Atap and Squid fields

 Last Update: 2021-06-09
 Source: Internet
 Author: User

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China Petrochemical News Network reported on May 1, according to Oil & Gas News, Petrobras stated in a document that the company will exercise its right of first refusal to bid for the Atapu and Cuttlefish deepwater oil fields.

The company said that as a state-controlled producer, Petrobras aims to hold 30% of each oil field.

The company said that the contract value for the squid oil field was 2.

The block is located in the sub-salt area and is expected to be auctioned later this year.

Cao Haibin excerpted from Oil & Gas News

The original text is as follows:

Brazil's Petrobras will bid for Atapu and Sepia oil fields

Brazil's Petroleo Brasileiro SA PETR4.

Petrobras, as the state-controlled producer is known, is aiming at a 30% stake in each field, for which it will need to pay a total 3.

The signing bonus for Sepia is set at 2.

　　An auction for the blocks, located in the pre-salt region, is expected for later this year.

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