HOUSTON, TEXAS (Editors at Energy Analytics Institute, 3.Feb.2025) — Petrobras received contingent payment installments (earnout) this week for R$2.161bn from the partners of the Sépia and Atapu blocks and R$516mn from Karoon Petróleo & Gás Ltda., a subsidiary of Karoon Energy Ltd., referring to the sale of the Baúna field.
Earnout for Sépia and Atapu blocks
Petrobras received R$2.161bn from the partners of the Sépia and Atapu blocks – TotalEnergies EP Brasil Ltda. (28%), PETRONAS Petróleo Brasil Ltda. (21%) and QatarEnergy Brasil Ltda. (21%) in Sépia; Shell Brasil Petróleo Ltda. (25%) and TotalEnergies EP Brasil Ltda. (22.5%) in Atapu.
