Campos Basin

Shallow water assets in the Campos Basin sold by Petrobras, may receive more than R$ 10 billion in investments

T&B Petroleum/Press Office ANP
30/09/2020 12:49
Shallow water assets in the Campos Basin sold by Petrobras, may receive more than R$ 10 billion in investments Imagem: Divulgation Visualizações: 2244 (0) (0) (0) (0)

The new development plans (PDs) for 14 shallow water fields, recently approved by the ANP, indicate that the areas, previously in process of decline, will receive an injection of investments that exceed R $ 10 billion. This amount refers only to activities considered firm (mandatory) in the plans submitted to the ANP. This value can double, if considered activities that are still contingent, that is, those dependent on the development of the projects.

 

The fields, derived from Petrobras' divestment plan, are currently operated by BW, Perenco and Trident. In 2012, they produced 81,000 barrels of oil per day and, in 2019, production had declined to approximately 26,000 barrels of oil per day.

 

Petrobras' strategy of prioritizing deep-water assets, with a focus on the pre-salt layer, combined with the decline in mature fields, caused production to drop by almost 70% in the period, with the loss of more than one hundred producing wells. The royalties from these concessions declined from R $ 583 million to R $ 227 million in the same period.

 

Petrobras' divestment plan in the Campos Basin guarantees the revitalization of these areas, and new opportunities for generating employment and income in the region. Considering the extension of the concessions, the PDs now contain a forecast of total production in the order of 500 million barrels of oil, providing greater returns for companies and for Brazilian society.

 

The table below shows the firm investments presented by each operator.

Most Read Today
see see
International Company News
More LNG for Europe
24/09/25
International Company News
Viking Completes Milestone Delivery to African Energy Pr...
24/09/25
Company News
CHC Helicopter Opens Hangar at Farol de São Tomé Helipor...
22/09/25
International Company News
“Sercel supplies sensors and trucks for major North Afri...
22/09/25
Geological Studies
R&D Clause Enables Project to Strengthen Critical Minera...
15/09/25
Fuels
ANP Approves Pilot Project with New Fuel Inspection Equi...
15/09/25
RD&I
Sensor Developed by Unicamp and UnB Advances in Internat...
15/09/25
Event
ABPIP Hosts SMS Oil & Gas Meeting Focused on Leadership,...
15/09/25
International
Petrobras announces participation in exploratory block i...
15/09/25
REVAP
Revap Maintenance Shutdown Involves R$ 1 Billion Investment
15/09/25
Rio Pipeline & Logistics 2025
Tanacas celebrates 25 years with the launch of the Smart...
11/09/25
Rio Pipeline & Logistics 2025
Offshore Projects to Strengthen Energy Security in Brazi...
11/09/25
Rio Pipeline & Logistics 2025
IBP Booth Hosts Inspiring Debate on Women in Midstream a...
11/09/25
Rio Pipeline & Logistics 2025
Rio Pipeline 2025 Exhibition Showcases Innovations in En...
11/09/25
Production
Brazil’s Federal Government Oil and Natural Gas Producti...
11/09/25
Rio Pipeline & Logistics 2025
Brazil and Argentina Close to Agreement on Natural Gas T...
11/09/25
Rio Pipeline & Logistics 2025
ITP Brasil showcases high-performance engineering soluti...
10/09/25
Rio Pipeline & Logistics 2025
Overview of investments in pipeline and logistics infras...
10/09/25
Rio Pipeline & Logistics 2025
Young talents present innovative solutions at the Young ...
10/09/25
Rio Pipeline & Logistics 2025
Ministry of Ports and Airports aims to expand the role o...
10/09/25
Auction
PPSA makes available access to the Hybrid Data Package f...
10/09/25
VEJA MAIS
Newsletter TN

Contact us

We use cookies to ensure you have the best experience on our website. If you continue to use this site, we will assume that you agree with our Privacy Policy, terms of use and cookies.