NRGBriefs: BW Energy Inks $75mn Deal with Petrobras for Offshore Clusters

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(Energy Analytics Institute, 23.Jun.2022) — Energy briefs including Oslo-based BW Energy signing an agreement to acquire an 100% operated working interest in the Golfinho and Camarupim clusters and a 65% working interest in the BM-ES-23 block from Petrobras for $75mn.

LATIN AMERICA AND THE CARIBBEAN

Brazil

BW Energy inked a $75mn deal to buy an 100% operated working interest in the Golfinho and Camarupim clusters and a 65% working interest in the BM-ES-23 block from Petrobras. BW Energy expects to add production of ~9,000 boe/d after closing planned in 1Q:23, and estimates the assets have 38 MMboe of proven recoverable resources and 0.7 Tcf of recoverable gas accumulations for potential future development.

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By Ian Silverman, Aaron Simonsky and Piero Stewart. © Energy Analytics Institute (EAI). All Rights Reserved.

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