Sergipe’s state capital, Aracaju
Sergipe-Alagoas basin gains momentum
The northeastern Brazilian offshore province is poised to make progress this year
Development is beginning to take off in northeastern Brazil’s Sergipe-Alagoas basin. NOC Petrobras and its partner, Indian state-owned ONGC Videsh, have submitted a ‘declaration of commerciality’—effectively announcing their decision to proceed with the project—for their BM-SEAL-4 block. Production is expected to start in 2026, ONGC says, and the partners have proposed naming the field Budiao. Petrobras will operate the asset with a 75pc stake, with ONGC holding the remaining 25pc. The development will involve floating production, storage and offloading (FPSO) vessels and gas pipelines shared with other potential Petrobras-operated fields. The first FPSO, Sergipe Aguas Profundas (SEAP) I, wi
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