Petrobras releases teaser for Santos Basin block

Published by Nicholas Woodroof, Editor
Oilfield Technology, Wednesday, 12 August 2020 16:15

Petrobras has started the opportunity disclosure stage (teaser), referring to the sale of 50% to 100% of its stake in the BM-S-51 concession with hand-over the operation, located in the Santos Basin, in the pre-salt polygon.

The concession is located at water depths ranging from 350 m to 1650 m and about 215 km off the coast of São Paulo.

The BM-S-51 concession was acquired in ANP’s 7th Bidding Round in 2005 and is in the 1^st Exploratory Period, with a remaining commitment of drilling one well in order to comply with the Minimum Exploratory Program.

This exploratory block is strategically positioned in relation to the Santos Basin discoveries and exploratory areas within the production sharing polygon.

Petrobras is the operator with an 80% stake in this asset, in a consortium with Repsol Sinopec Brasil, which holds the remaining 20%.

Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/12082020/petrobras-releases-teaser-for-santos-basin-block/

MDL awarded contract by Saipem to support flex-lay campaigns in West Africa

Wednesday 25 June 2025 09:00

Maritime Developments (MDL) has been awarded a contract by Saipem to provide specialist equipment and operational support for two recent flex-lay campaigns offshore Ivory Coast, Senegal and Mauritania.

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