BARRACUDA & CARATINGA LEASING COMPANY B.V.

Barracuda & Caratinga Leasing Company B.V. is a special-purpose entity formed under Dutch law, primarily focusing on leasing activities related to the oil and gas industry. This company is known for its association with offshore oil and gas field projects, particularly in Brazil.

Key Aspects:

Purpose: The company's main objective is to own and lease floating production storage and offloading (FPSO) units. These large, floating vessels are used by oil companies to process and store oil extracted from offshore oil fields.
Projects: Barracuda & Caratinga Leasing Company B.V. gained prominence through its involvement in the Barracuda and Caratinga oil fields, located in the Campos Basin, off the coast of Brazil. These fields are operated by Petrobras, Brazil's state-owned petroleum company.
Structure: As a leasing company, it typically finances the acquisition and deployment of FPSO units and then leases these units to oil companies. The revenues generated through these leases are used to repay the financing and cover operational costs.
Significance: FPSO units are crucial for offshore oil and gas production because they allow for the processing and storage of hydrocarbons in deepwater locations where traditional infrastructure is not feasible. The use of FPSOs can significantly enhance the efficiency and economics of developing offshore oil fields.
Legal and Financial Framework: Being registered in the Netherlands, Barracuda & Caratinga Leasing Company B.V. benefits from Dutch corporate laws, which provide a stable and favorable environment for international business operations, including tax regulations and treaty networks that can be advantageous for multinational leasing activities.

While specific details about the company's operations, financials, and strategic plans might not be publicly disclosed due to its nature, its role and contribution to major offshore projects like those in the Barracuda and Caratinga fields underscore its importance in the global oil and gas leasing market.

Amsterdam The Netherlands

140 Teleportboulevard
Amsterdam NH 1043 EJ
The Netherlands

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PETROBRAS 43

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