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CNOOC To Buy Stake In Petrobras Buzios Oilfield For $2 1B

CNOOC To Buy Stake In Petrobras Buzios Oilfield For $2 1B
rigzone.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rigzone.com Daily Mail and Mail on Sunday newspapers.

Petrobra buziosMinistry of minesChina national oilDevelopment companyAdministrative council for economic defenseSantos basinGas explorationBuzios coparticipation agreementProduction sharing contractCoparticipation agreementAdministrative councilEconomic defense

Brazil: CNOOC interested in acquiring additional share in the Buzios field in the Santos Basin pre-salt

Brazil: CNOOC interested in acquiring additional share in the Buzios field in the Santos Basin pre-salt
energy-pedia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from energy-pedia.com Daily Mail and Mail on Sunday newspapers.

Brasil petrMinistry of minesPetroleum brasilNational agency of petroleumAdministrative council for economic defenseProduction sharing contractRights surplusSantos basinRights agreementCoparticipation agreementAdministrative councilEconomic defenseNational agencyNatural gas

Brazil: Petrobras announces approval of the Buzios Coparticipation Agreement

Petrobras reports that National Agency of Petroleum, Natural Gas, and Biofuels (ANP) has approved the Búzios Coparticipation Agreement, which will regulate the coexistence of the Transfer of Rights Agreement and the Production Sharing Contract of the Transfer of Rights Surplus for the Búzios field, in the Santos Basin pre-salt.

Brasil petrPetroleum brasil ltdaCost oilNational agency of petroleumNational agencyNatural gasCoparticipation agreementRights agreementProduction sharing contractRights surplusSantos basinE ampp newsIl and gas explorationXploration and productionNergy pediaEological and geophysical

Brazil: Petrobras signs Sepia and Atapu surplus Agreement

Brazil: Petrobras signs Sepia and Atapu surplus Agreement 12 Apr 2021 Petrobras has signed an Agreement with the Federal Government, which establishes the stakes in each contract and the amount of compensation to Petrobras in the event of a bid for the Transfer of Rights´ surplus volumes in the fields of Sépia and Atapu. The Transfer of Rights Agreement, signed in 2010 between Petrobras and the Federal Government, included the exercise of exploration and production activities in the areas of Sépia and Atapu, with production volumes limited to 500 million barrels of oil equivalent (boe) in Sépia and 550 million boe in Atapu.

Ministry of minesStatutory audit committeeMinority shareholder committeeFederal governmentRights agreementProduction sharing regimeProduction sharing agreementsCorporate income taxSocial contributionNet incomeProduction sharingCoparticipation agreementProduction sharing agreementPetrobra boardE ampp newsOil and gas exploration