Efforts by Petrobras to sell the Albacora field to independent oil and gas producer PRIO have stalled, two people with knowledge of the matter said, which could mark the end of five years of major ...

Albacora Leste produced 34,000 boepd at that time. PetroRio produced roughly 31,600 boepd in 2021, according to the company, so a deal for one or both fields could roughly double or triple its output.

Additionally, the Company continues testing the A-17D well in Albacora and an update is provided below. The CX11-23D well in Corvina began the testing phase in mid-September with a sustained IPR ...

Petrobras' Albacora oilfields in Brazil are likely to attract at least three buyers despite a roughly one-month delay to let interested parties finalize their bids, four sources with knowledge of ...

In 2020, Albacora produced an average 23,200 b/d of oil and 408,500 cu m/day of gas. Petrobras is operator of the field with 100% interest.

Petrobras holds a 100% stake in Albacora and a 90% interest in Albacora Leste, with Repsol Sinopec in charge of the remaining 10%. The two fields are immediately to the south of the PetroRio ...

Albacora delay on radar for Brazil bidders. Petrobras has been listening to contractors and more time may be needed. The old: the semi-submersible production platform P-25, seen in operation at ...

RIO DE JANEIRO, July 29 (Reuters) - Efforts by Petrobras PETR4.SA to sell the Albacora field to independent oil and gas producer PRIO PRIO3.SA have stalled, two people with knowledge of the matter ...