Deal Insight
Equinor acquires a 10% interest in Carcara from Barra Energia for US$379 million
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Equinor acquires 10% in BM-S-8 offshore Brazil from Barra Energia for US$379 million. The transaction includes the pre-salt Carcará oil discovery, which extends to the north into the Norte de Carcará block, and the Guanxuma exploration prospect. On completion, Equinor will farm-down a 3.5% interest to ExxonMobil and a 3% interest to Petrogal under the same conditions. This transaction will enable Equinor, ExxonMobil and Petrogal to align interests across the two licences that cover the Carcará field.
Table of contents
- Executive summary
- Transaction details
-
Upstream assets
- Carcará
- Guanxuma
- Deal analysis
-
Upsides and risks
- Reserves upside
- Local content
- Unitisation risks
- High pressure
- Gas monetisation
-
Strategic rationale
- Equinor
- Barra Energia
- Oil & gas pricing and assumptions
Tables and charts
This report includes the following images and tables:
-
Executive summary: Table 1Deal analysis: Table 1Deal analysis: Table 2
-
Deal analysis: Table 3Oil & gas pricing and assumptions: Table 1Oil & gas pricing and assumptions: Table 2Upstream assets: Table 1
What's included
This report contains:
Other reports you may be interested in
Asset Report
Polo Fazenda Belem
The Fazenda Belem cluster is composed of Fazenda Belem and Icapuí fields. The cluster was part of Petrobras divestment plan and ...
$3,720
Asset Report
Polo Areia Branca
The Areia Branca cluster is composed of two fields in the Potiguar Basin. The cluster was owned by Duna Energia S.A., and 3R Petroleum...
$3,720
Asset Report
Greater Catcher Area
The Greater Catcher Area includes the Catcher, Varadero and Burgman fields. The development lies 20-kilometres ...
$5,280
