trending Market Intelligence /marketintelligence/en/news-insights/trending/o6f9U3c8rYRHAaQmSDpvcw2 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.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *

* Required

In This List

Petrobras to sell stake in Lagoa Parda cluster for $9.4M

Energy Evolution Podcast

Energy Evolution Why solar energy could get even cheaper

Energy Evolution Podcast

US energy officials push innovation to meet evolving energy needs

Energy Evolution Podcast

Energy futurist sees major challenges for renewables in next 30 years

Power Forecast Briefing: Capacity Shortfalls to Test the Renewable Energy Transition


Petrobras to sell stake in Lagoa Parda cluster for $9.4M

Petróleo Brasileiro SA will sell its 100% stake and operatorship in the Lagoa Parda cluster to Imetame Energia Ltda. subsidiary Imetame Energia Lagoa Parda Ltda. for $9.4 million.

The transaction will be paid in two installments, with the first installment of $1.4 million to be paid upon the signing of the contract and the remaining $8.0 million to be settled upon closing.

The deal is still subject to approval from the Administrative Council for Economic Defense and the National Agency of Petroleum, Natural Gas and Biofuels, according to an Oct. 11 news release from Petrobras.

The Lagoa Parda cluster comprises three producing onshore concessions, including Lagoa Parda, Lagoa Parda Norte and Lagoa Piabanha. It has an average production of 300 barrels of oil per day and 5,500 cubic meters of gas per day.