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  4. Petrobras begins sale of stakes in GoM fields

Petrobras begins sale of stakes in GoM fields

Published by , Editor
Oilfield Technology,

Petrobras has started the stage of disclosure of the opportunity (teaser) regarding the sale of the entire 20% stake held by its subsidiary Petrobras America Inc. (PAI) in the company MP Gulf of Mexico, LLC. (MPGoM), located in Texas, US, and the owner of offshore fields in the Gulf of Mexico.

MPGoM is a joint venture of Murphy Exploration & Production Company (80%) and PAI (20%), created in October 2018, with the contribution of all oil and natural gas assets in production, located in the Gulf of Mexico, of both companies. MPGoM has an operator or non-operator stake in 14 offshore fields in the Gulf of Mexico. Petrobras' share of production from the fields in the first half of 2021 was 11.3 thousand boe/d.


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Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/05102021/petrobras-begins-sale-of-stakes-in-gom-fields/

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