Petrobras enters teaser phase of Gulf of Mexico asset sale

Petrobras has begun the teaser stage regarding the sale of the entire 20% stake held by subsidiary Petrobras America Inc. in MP Gulf of Mexico LLC.
Oct. 5, 2021

Petróleo Brasileiro SA (Petrobras) has begun the teaser stage regarding the sale of the entire 20% stake held by subsidiary Petrobras America Inc. (PAI) in MP Gulf of Mexico LLC (MP GoM). 

MP GoM is a partnership between Murphy Exploration & Production Co. - USA, a subsidiary of Murphy Oil Corp. (80%), and Petrobras America Inc. (20%). MP GoM holds participation as operator or non-operator in 14 offshore fields in the Gulf of Mexico.

Petrobras' share of the fields' production in first-half 2021 was 11,300 boe/d. 

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