Creditors take control of the Seacrest oil company

As of Jan. 17, 2025 creditors take control of Norwegian owned Seacrest Oil company. The company is in default with banks and with Petrobras, from which it acquired the onshore North Capixaba and Cricaré Clusters. After successive negotiations, creditors decided to manage the company and are now looking for an operator for the assets

Seacrest filed a lawsuit against Petrobras for non-compliance with contractual obligations. Petrobras stated that it is taking legal and contractual measures to collect the amounts demanded.

Petrobras sold the Cricaré Pole and the North Capixaba Pole in 2021 and 2023, respectively, as part of a strategy to exit onshore oil and gas exploration and production in Brazil.

Seacrest issued a statement to shareholders and workers, informing that creditors executed debts and took control of the company, headquartered in São Mateus. The information was confirmed to the Report by the Espírito Santo Oil Workers Union (Sindipetro-ES) and RedePetro ES.