en.Wedoany.com Reported - Petrobras has acquired a 50% stake in Equinor Brasil Energia Ltda. (Equinor) in the Itaimbezinho offshore block in the Campos Basin. Upon completion of the transaction, the joint venture will be operated by Equinor, holding a 50% stake, with Petrobras holding the remaining 50% stake, and Pré-Sal Petróleo S.A. – PPSA joining as the manager of the production sharing contract.

This collaboration aims to leverage existing synergies in the Campos Basin, which already hosts adjacent assets developed by Petrobras, including the Raia project and the Jaspe exploration license in partnership with Equinor. Currently, Equinor holds a 100% stake in the Itaimbezinho block, and after the transaction, it will be jointly operated by the three parties.

The transaction aligns with Petrobras' 2026-2030 business plan, aiming to replenish oil and gas reserves through new frontier exploration and cooperative operations. The equity transfer process will be submitted to the Administrative Council for Economic Defense (CADE) and the National Agency of Petroleum, Natural Gas and Biofuels (ANP), and the completion of the transaction will be subject to government and regulatory approvals and other prerequisites.

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