Ocean Energy Resources

GLOBAL NEWS SERVICE FOR THE FOSSIL AND RENEWABLE ENERGY COMMUNITIES

  • HOME
  • ADVERTISE WITH US
  • FREE SUBSCRIPTIONS
    • Digital Newsletter
  • MUST READ ARTICLES
  • CONTACT

BW Energy to close Espirito Santo basin cluster acquisitions

Tuesday, March 21 2023

Fossil Energy – Santos Basin Brazil

BW Energy will close its acquisition of a 100% operated working interest (WI) in the Golfinho and Camarupim clusters in post-salt Espírito Santo basin offshore Brazil and 65% WI in adjacent BM-ES-23 block from Petrobras.

It will also take over floating production, storage, and offloading vessel (FPSO) Cidade de Vitoria from Saipem SPA.

BW Energy reported Mar. 2 that it had been informed by Petrobras of a review of the Golfinho and Camarupim clusters transactions as part of a wider analysis of Petrobras’ ongoing divestment program initiated by the Ministry of Mines and Energy (MME) in Brazil.

MME has requested a suspension of ongoing sales of assets for 90 days without putting Petrobras’ interests at risk.

Preparation work includes progressing relevant approvals from the Brazilian authorities, operational preparedness, field development planning, and build-up of the local BW Energy organization.

The transactions are expected to close second-quarter 2023.

Related posts:

  1. Petrobras invests US$ 5,5 billion in extracting activity next five years
  2. Anna Nery FPSO on her way to Brazil
  3. Keppel secured contract worth about US$2.9 billion
  4. FPSO Anita Garibaldi on her way to Brazil

Filed Under: Brazil, BW Energy, FPSO, International News Tagged With: BW Energy, Espirito Santo, FPSO, Petrobras


Read Magazine Online



Wind and Fossil Info


Copyright Practica Productions 2014 © All Rights Reserved

Event List


  • Offshore Energy Exhibition & Conference 2023
    • 28/11/2023 - 29/11/2023
    • Amsterdam
  • Wind Energy Asia 2024
    • 06/03/2024 - 08/03/2024
  • all events

Copyright © Practica Productions - All rights reserved - 2023 cookies