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Petrosynergy Ltda.

Company Detail

Description

Petrosynergy Ltda., a Brazilian subsidiary of Brazilian conglomerate Synergy Group Corp., offers oil and gas exploration and production services. The company began its activities in the E&P business in 2001 by bidding on a number of mature fields belonging to state-run energy company Petrobras, as a result of which it acquired nine fields in Alagoas, producing 200b/d. In October 2001, it sold its first oil, becoming the first independent petroleum company to produce oil in Brazil. In 2011, Petrosynergy declared commerciality at two new fields, Uirapuru Sudoeste and Trovoada, at block REC-T-153 in the onshore part of Brazil's Potiguar basin.

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