trending Market Intelligence /marketintelligence/en/news-insights/trending/nlVrDAOupGR9qfEt-NXyJw2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Petrobras to sell 70% stake in Maromba field to BW Offshore for $90M

Q2: U.S. Solar and Wind Power by the Numbers

Essential Energy Insights - September 17, 2020

Essential Energy Insights September 2020

Rate case activity slips, COVID-19 proceedings remain at the forefront in August

Petrobras to sell 70% stake in Maromba field to BW Offshore for $90M

Petróleo Brasileiro SA - Petrobras said March 8 it signed an agreement with BW Offshore Ltd to sell its 70% stake and operatorship of the Maromba field in the Campos Basin offshore Brazil for $90 million.

Payment will be done in three installments, including $20 million at the deal's closing, $20 million following the start of well drilling activities and $50 million within the first three months of first oil, or the first three years after the start of well drilling activities, whichever comes first.

BW Offshore will take operatorship of the field following the deal's closing, subject to precedent conditions such as approval from Brazil's Administrative Council of Economic Defense and the National Petroleum, Natural Gas and Biofuels Agency.

The Maromba field is in the Campos Basin, which is approximately 100 kilometers off the coast of the Brazilian state of Rio de Janeiro.