Rio de Janeiro – Petrobras’ Board of Directors has approved the sale of the state-run oil company’s stake in the Santos Basin’s BM-S-8 exploration block – the first pre-salt block ever sold – to Norway’s Statoil, in a USD 2.5 billion deal involving the field known as Carcará.<\/p>\n
According to Petrobras, the deal made public this Friday (29) is part of the 2015-2016 Partnerships and Divestments Plan it is currently rolling out, and “its completion depends on the usual preexisting conditions, including the preference rights of the other BM-S-8 stakeholders, and approval from the competent authorities.” <\/p>\n
The BM-S-8 block is currently operated by Petrobras, which holds a 66% stake, in partnership with Petrogal Brasil (14%), Queiroz Galvão Exploração e Produção (10%) and Barra Energia do Brasil Petróleo e Gás (10%).<\/p>\n
Petrobras said in a statement that “the ongoing deal paves the way for partnerships with other businesses, with solid expertise and investment abilities, to help strengthen Brazil’s oil and gas industry.” <\/p>\n
*Translated by Gabriel Pomerancblum<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":" The Brazilian state-run oil company is handing over its 66% stake in the block known as Carcar\u00e1 for USD 2.5 billion.<\/p>\n","protected":false},"author":2315,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[],"class_list":{"0":"post-54746","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"The Brazilian state-run oil company is handing over its 66% stake in the block known as Carcar\u00e1 for USD 2.5 billion.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/54746","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2315"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=54746"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/54746\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=54746"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=54746"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=54746"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}