Pre-Salt Petroleum (PPSA) raised R $ 28 billion in the 5th Union Oil Sale Auction, which put for sale the portion of the production that is up to the federal government in the fields bid under the sharing regime. The value was above the R $ 25 billion expected by PPSA.
In the event, held on Thursday morning, at B3 (São Paulo Stock Exchange), 74.5 million barrels of oil were offered, divided into seven lots in the fields of Mero, Buzios, Sépia and Itapu, all located in the Santos Basin Pre-Salt.
The funds go straight to the Union cash, helping in the government budget. The total raised was also above the $ 17 billion registered in the event held in July last year, when 37.5 million barrels were sold.
Petrobras was the main winner, taking four of the seven lots. The state -owned company finished one lot in Buzios and another in sepia, as well as two lots in mere (Guanabara FPSO and the Alexandre de Gusmão and Pioneiro de Libra FPSS).
But there were surprises, such as the Petrochina and Mataripe consortium of the Mubadala Capital Arab Fund, which took the lot in Itapu, and Galp and Exxonmobil, which together took the lot of Mero (FPSO Sepetiba). Already Equinor got another lot in mere (FPSO Duque de Caxias).
Auction in 2026 will have 100 million barrels, says PPSA
At the end, Pietro Medes, secretary of oil, natural gas and biofuels of the Ministry of Mines and Energy (MME), celebrated the auction result.
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- Until yesterday, we expected a collection of $ 25 billion. We exceed R $ 3 billion. The result is critical to the Union budget and is the result of the competition. It is a very important day. We cannot give up our resources and we need to continue exploring new borders. Every year we will make Union oil auction.
Luis Fernado Paroli, president of PPSA, highlighted the competition in the auction. He recalled that next year will be offered 100 million barrels of oil.
- It was a competitive auction. The world’s largest players are with us. The auction had the largest number of participants and winners.
See how many barrels each company took:
- Petrobras: 40 million barrels
- Galp/Exxonmobil: 14 million barrels
- Equine: 14 million barrels
- Petrochina/Mataripe Refinery: 6.5 million barrels
