Petrobras to sell 15 blocks in the Sergipe-Alagoas Basin

According to a note released by Petrobras last week, it has put its stakes in 15 onshore E&P blocks in the Sergipe-Alagos basin up for sale. The deal involves eight blocks owned exclusively by Petrobras, with one of them coming from ANP’s 11th bidding round, while the others stem from the 12th round, with contracts signed in 2013 and 2014, respectively. The remaining seven blocks are held in partnership with Nova Petróleo (50% stake) and were acquired in the 12th bidding round.

Source: Reuters