ANP APPROVES THE SALE OF BARRA ENERGIA STAKE IN ATLANTA TO ENAUTA

The board of the National Petroleum Agency (ANP) approved the sale of 50% of Barra Energia’s stake in the Atlanta field, in the BS-4 block, to Enauta. With the endorsement in hand and the 100% share of the asset, the operator is now looking for new partners to proceed with the development of the area.

As a reminder, in November last year, Barra Energia announced that it would leave the BS-4 block, in the Santos Basin. Enauta, on the other hand, spent a little over a month internally evaluating whether it would take over the field on its own or whether it would also abandon the project. The decision to remain in the venture was announced in December 2020.

Soon after, Enauta began the bidding process for the contracting of the definitive platform vessel for the field. The company has already invited shipowners with experience in similar projects and expects to complete the process by the end of this year or early 2022. On the occasion of the disclosure of its financial results for the fourth quarter of 2020, Enauta stated that it would also start a “search for partners for the definitive development of the field ”.

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