Petrobras in negotiations with Total to sell stakes in oil fields, two power-plants - report (translated)
Brazilian state-controlled oil company Petrobras is in negotiations with French Total to sell stakes in oil fields located in the BMS-9 and BMS-11 blocks in the offshore formation known as ‘pre-sal’ in the Atlantic Ocean, Folha de Sao Paulo reported.
The oil fields in consideration are Iara, Berbigao, Sururu and Oeste de Atapu in the BMS-11 block, and the oil field Lapa in the BMS-9 block, the Portuguese-language article noted, without citing any source.
Shell will have the right of first refusal on the fields of the BMS-11 block as it is already in partnership with Petrobras in that area, the item added.
The deal may also include stakes in the infrastructure related to those oil fields used for the process and transporting of natural gas, the item added.
Petrobras is also looking to sell two power-plants to Total, and also offer a lease contract to operate a liquid natural gas regasification plant located in the Brazilian state of Bahia.