Petrobras Looking to Sell Manati Field Stake

Monday, May 4, 2020

Brazilian oil firm Petrobras is looking for a buyer for its entire stake in the Manati field, in the Camamu Basin, in the State of Bahia.

The company on Monday started the opportunity disclosure stage for the stake sale in the shallow water field.

Manati field is located 10km off the coast of the city of Cairú, Bahia, at a water depth of between 35 and 50 meters. 

The field started operating in 2009 and its average production in 2019 was 105 bpd of condensate and 1,269 thousand m3 /day of gas, through the PMNT-1 fixed platform, which involves a subsea structure composed of 6 gas-producing wells. 

Gas and condensate are exported through
a pipeline of 24” and 126 kilometers to Estação Geofísico Vandemir Ferreira (“EVF”) in São Francisco do Conde/BA.

Petrobras is the operator of the field, with 35% stake, in partnership with Enauta Participações (45%), Geopark Brasil E&P de Petróleo e Gás Ltda. (10%) and Brasoil Manati Exploração Petrolífera Ltda. (10%).


Categories: Energy Industry News Activity Production South America Shallow Water

Related Stories

Norway's 2025 Oil Output Climbs to Highest Level Since 2009

ExxonMobil Reviews Gas Mix at Guyana’s Stabroek Block Amid Expansion Plans

Shell to Push Ahead on Dragon Natural Gas Project After US License Shift

Current News

Norway's 2025 Oil Output Climbs to Highest Level Since 2009

AKOFS Offshore Inks New Vessel Deal with Petrobras

UK Trade Body Challenges Government View on North Sea Gas Decline

Inpex Secures Environmental Approval for Indonesia’s Abadi LNG Project

Subscribe for OE Digital E‑News