Petrobras aims to raise at least USD 4 billion by selling portions of five pre-salt assets and one supra-salt field, Upstream newspaper reports. According to the report, the sale of those upstream assets, in addition to midstream and downstream assets, will compose a major divestment program that intends to raise USD 13.7 billion.
Amongst the areas to be offered are Campos basin block BM-C-33, operated by Respol Sinopec, where Petrobras has a 30-percent stake; block BM-S-24, where Petrobras has an 80-percent stake on a 1.25 billion-boe-estimated field with high carbon dioxide ration, which demands large invesments in gas-handling technologies; block BM-S-50, where the state-owned company has a 60-percent, including Sagitario field, whose potential has not yet been made public; block BM-S-8, where Petrobras has a 66-percent interest and where the Carcara field is located; and Campos basin post-salt field Tartaruga, which is 100 percent owned by Petrobras and holds reserves estimated at 451 million boe.
The report also mentions that only a list of pre-selected, highly qualified deepwater operators have been invited to access the data room.
All fields are expected to enter into production not before 2021, except for Tartaruga field. For the latter, first oil is scheduled for 2017.