Petróleo Brasileiro SA (Petrobras) has begun the teaser stage regarding the sale of the entire 20% stake held by subsidiary Petrobras America Inc. (PAI) in MP Gulf of Mexico LLC (MP GoM).
MP GoM is a partnership between Murphy Exploration & Production Co. - USA, a subsidiary of Murphy Oil Corp. (80%), and Petrobras America Inc. (20%). MP GoM holds participation as operator or non-operator in 14 offshore fields in the Gulf of Mexico.
Petrobras' share of the fields' production in first-half 2021 was 11,300 boe/d.