May 15 – Petrobras has decided to develop the Aram discovery in the pre-salt layer of the Santos Basin, said Petrobras president Magda Chambriard this Friday (15).
The company expects to have at least two producing wells by 2030, said the executive, in a press conference to discuss the company’s investments in the state of São Paulo.
The Aram block was acquired in March 2020, for a signing bonus of R$ 5 billion, in the sixth bidding round of the ANP regulator, under the Production Sharing regime.
Petrobras is the operator of the block and holds an 80% stake, in partnership with the Chinese company CNPC (20%).
After the video statement, a Petrobras representative said the firm still needs to carry out an assessment of its findings before determining whether production is commercially viable at Aram.
To develop the area, Petrobras would likely need a new floating production platform for the block, said the same representative.
Brazil Energy Insight 
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