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  • Petrobras: Asset Sale in Peru to CNPC for USD 2.6 billion
    édité le 14/11/2013 - Plus de news de "PETROBRAS" - Voir la fiche entreprise de "PETROBRAS"


Petrobras: Asset Sale in Peru to CNPC for USD 2.6 billion
After the approval of its Board of Directors, Petrobras announces that today it has signed the documents selling its 100% shareholding in the wholly owned subsidiary Petrobras Energia Peru (PEP) to China National Petroleum Corporation - CNPC for US$ 2.6 billion.

The assets included in the transaction are: 100% stake in Block X, a mature field that has been in operation since 1912 and produced 16,000 boed in 2012; 46.16% stake in Block 57, a pre-operational natural gas and condensate field; and 100% stake in Block 58, an exploratory block next to Block 57 where recently significant discoveries of natural gas and condensate have been made.

Completion of the transaction is subject to the usual conditions, including the approval of the Chinese and Peruvian governments, as well as compliance with the procedures set out in the respective Joint Operating Agreement (JOA), where applicable.

This transaction represents another important step for Petrobras’ Divestment Program (Prodesin) set out in the 2013-2017 Business and Management Plan.

About Petrobras

We have upwards of 100 production platforms, 16 refineries, 30,000 kilometers of pipelines and more than 6,000 service stations. Our proved reserves are around 14 billion barrels of oil, a figure expected to double in the next few years. With the discovery of oil and gas in the pre-salt region, Brazil may become the world's fourth biggest oil producer in 2030.

We have built a track record of overcoming challenges since 1953, when the company was created. The main one was developing technology to explore and produce oil in deep and ultra-deep waters, where upwards of 90% of our reserves are nestled. With innovation and daringness, we are now the Brazilian company that makes the applies for the most patents in Brazil and abroad.

About CNPC

CNPC is China's largest oil and gas producer and supplier, as well as one of the world's major oilfield service providers and a globally reputed contractor in engineering construction. With a presence in almost 70 countries, we are seeking an even greater international role. We provide energy in a profitable manner, and always attach great importance to our social and environmental responsibilities.


Origine : Communiqué PETROBRAS

Voir la fiche entreprise de "PETROBRAS"



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