Portugalâs Galp, a frequent partner of Petrobras from Portugal, has reviewed its portfolio in the Potiguar Basin and will offer to farmout or even abandon some licenses, according to Operations Director, Thore Kristiansen, in a conference call with investors. According to Kristiansen, most of the operating impairments (write-offs) recognized in the quarter and totaling â¬ 93 million, correspond to assets in the Potiguar. The company has a 20% share in six exploration blocks in the basin all operated by Petrobras. These are POT-M-764, POT-M-663, POT-M-665, POT-M-760, POT-M-853 and POT-M-855. Kristiansen also noted a âvery marginalâ write off related to the Uirapuru Block, where the company has 14% in partnership with Petrobras (operator, 30%), ExxonMobil (28%) and Equinor (28 %).Â This gives credence to unconfirmed and unofficial reports that the well drilled on Uirapuru earlier in 2020, was not successful, despite the filing of an oil show report with the ANP. 
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