One-Page Deal Sheet
Petrobras Sells Interest in Gulf of Mexico Holdings
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Petróleo Brasileiro S.A - Petrobras announces that it has signed today a Sale and Purchase Agreement (SPA) for the sale of the 20% stake the company holds in exploratory blocks KC 49, 50, 92, 93, 94 and 138 in the US Gulf of Mexico. These blocks make up the asset known as Gila, and the operator is British Petroleum (BP).
Petrobras will receive US$ 110 million for the transaction and additional equity in an exploratory block adjacent to an existing Petrobras GOM deepwater discovery Tiber.
This transaction is part of Petrobras’ divestment program, outlined in the 2013-2017 Business & Management…
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Jan-15-2024 |
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Click here | Louisiana | E&P |
| Sep-22-2022 |
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Click here | E&P | |
| May-25-2022 |
- |
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Click here | E&P | |
| Apr-05-2022 |
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Click here | Gulf of Mexico | E&P |
| Jan-10-2022 |
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Click here | E&P |
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Jan-15-2024 | Talos Acquires QuarterNorth Energy For $1.2 Billion | - ![]() |
- |
| Sep-22-2022 | Talos to Acquire GOM-Focused EnVen Energy for $1.1 Billion Cash/Stock | - ![]() |
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| Jan-10-2022 | W&T Acquires GOM Assets, Operatorship for $30.2MM in Cash | - ![]() |
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