BPRL'S DISCOVERIES IN BRAZIL
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Petrobras 30%
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IBV Brasil 20%
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Petrogal 20%
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BP 30%
Barra, Barra#1, Farfan & Cumbe Discoveries, Sergipe Alagos Basin
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Petrobras 60%
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IBV Brasil 40%
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Discovery of Hydrocarbons opened up a new frontier oil & gas province in the Sergipe Alagoas Basin.
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Appraisal activities in progress for Farfan, Barra and Cumbe discoveries.
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First oil is expected by 2018/2019 and first Gas by 2020/2021.
Wahoo Discovery – Campos Basin
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Petrobras 20%
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IBV Brasil 25%
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BP 25%
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Maersk 20%
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Discovery of Light Oil in the prolific Campos Basin.
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ANP has approved appraisal plan.
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Potential First Oil expected in 2018.
* Brazil assets held through 50-50 JV with Videocon India