🕐24.05.13 - 15:54 Uhr
PETROBRAS - PRESS RELEASE: PETROBRAS FARMS OUT IN TANZANIA EXPLORATION LICENSE
Dear Mr/Mrsr Ramin Farzanehfar,
Petrobras farms out in Tanzania Exploration License
Rio de Janeiro, May 24th, 2013 – Petróleo Brasileiro S.A - Petrobras announces that its wholly owned subsidiary Petrobras Tanzania Ltd.
has signed a farm-out agreement for the sale of 12% working interest in Block 6 licence offshore Tanzania to Statoil Tanzania AS.
Block 6 covers 5,549 square kilometres in the Mafia basin offshore Tanzania, with a water depth of 1,800 metres.
The consortium of this block currently have Petrobras as the operator, holding 50% stake, and Shell Deepwater Tanzania B.V., with the remaining 50%.
After the farm-out completion, Petrobras will remain as the operator with 38%, Statoil will hold 12%, while the remaining 50% will be held by Shell.
This transaction is subject to approval by Tanzanian authorities and will bring into the consortium a company that has made significant gas discoveries in the country in 2012 and 2013.
Sincerely,
Investor Relations.
To be removed from this E-mail Alert service, please send a reply with the subject: Unsubscribe.
|
Products & Services | Jobs
|