First E & P Petrobras divestment took 350 days to complete

The sale of the Azulão field from Petrobras to Eneva, concluded on April 30th, took almost a year to complete, more precisely 350 days, a survey conducted by Brasil Energia Petróleo. The project was the first E & P asset offered for sale under the rules TCU system. Another 21 projects are in different stages.
The longest-running process so far is the sale of the Juruá land field in the Solimões Basin, which completed 305 days on Monday (7/5).  Followed by Maromba (305 days) and the Polos Enchova, Pampo and Pargo (283 days). It is worth remembering that Juruá entered the binding stage 38 days after the announcement of the opportunity, but so far it has not been completed.
The processes with the longest duration between the teaser and the binding phase are Polo Pargo (252 days) and Polos Miranga, Buracica and Riacho da Forquilha (218 days).
The fastest sale so far is the Piranema and Piranema Sul project. Launched only 59 days ago, it entered the binding stage 46 days after the announcement.

Source: Brazil Energy

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