The ANP has approved Petro Rio's 80% acquisition from Dommo Energia in the TubarÃ£o Martelo (Hammer Shark) field in BM-C-039, Campos Basin (DEA 4 Feb '20). The field is host to the OSX-3 FPSO, also acquired for USD 140 MM. The deal provides for a tieback between the TubarÃ£o Martelo + Polvo (Octopus) fields using OSX-3, thus saving on the FPSO stationed on Polvo, inter alia. Petro Rio (op), partner Dommo.
Brazil (Campos B.) Polvo op. by PETRORIO (100%), the ANP has approved Petro Rio's 80% acquisition from Dommo Energia in the TubarÃ£o Martelo (Hammer Shark) field in BM-C-039