Petrobras holds asset sale in Brazil's Northeast
Petrobras has put on sale a set of shallow water drilling fields for oil and natural gas production in the Northeast. There are nine oil drilling fields, 5 in the state of Sergipe and 4 in Ceará. In a statement, the company said it will not release the estimated value before the sale is concluded.
One of the fields offered for sale is the Guaricema, in Ceará, where the first oil field was found in the Brazilian sea, in 1968 (80 meters deep).
Yesterday (Jul. 4), Petrobras CEO Pedro Parente met with Ceará Mayor Camilo Santana and Sergipe Mayor Jackson Barreto, to talk about the company's decision.
The sale of assets is part of Petrobras' oil divestment plan, estimated at $15.1 billion for the biennium 2015-2016. Last year, Petrobras achieved $700 million of that total.
Refineries
Within the divestment plan, the decision to sell the shallow water drilling fields is added to the cancellation of two refinery projects also in the Northeast, one in Maranhão and the other in Ceará. The company claimed lack of economic attractiveness due to the growing rates in domestic and foreign markets for derivatives and also lack of partnership for implementing new structures.
Translated by Amarílis Anchieta
Fonte: Petrobras holds asset sale in Brazil's Northeast
