RIO DE JANEIRO, June 30 (Reuters) - Norway's BW Energy Ltd
and Brazil's DBO Energy have submitted binding offers
for Petrobras' Golfinho offshore oilfields, two sources with
knowledge of the matter told Reuters.
Petroleo Brasileiro SA, as Brazil's state-run oil
company is formally known, has been selling off dozens of assets
in recent years - from pipelines to refineries - in a bid to
reduce debt and sharpen its focus on deepwater oil production.
Among the assets being divested are mature oilfields,
including Golfinho. Located off the coast of Brazil's
southeastern Espirito Santo state, Golfinho was producing
roughly 14,900 barrels of oil per day and 750,000 cubic meters
of gas per day as of 2020, according to bidding documents
released by Petrobras.
Petrobras declined to comment. Neither BW nor DBO responded
to requests for comment.
Petrobras had previously entered into bilateral negotiations
to sell the asset to DBO, which is composed of Brazilian and
Norwegian executives, Reuters reported in January. The parties
were discussing valuations in the low hundreds of millions of
dollars, Reuters reported at the time.
However, those talks failed to result in a final accord and
Petrobras later re-opened bidding, after disclosing additional
technical information about Golfinho.
While BW had previously taken a look at the asset, its
interest in Golfinho has increased significantly following the
additional disclosures by Petrobras, according to one of the
sources, who spoke to Reuters in recent days.
BW and DBO submitted their bids in mid-June, though they
have not been previously reported. Petrobras is expected to
begin bilateral negotiations with the top bidder in the coming
weeks or days, added the sources, who requested anonymity to
discuss confidential matters.
(Reporting by Gram Slattery
Editing by Paul Simao)