Petrobras, Galp, and Acelen (Mataripe Refinery) were the winners of the spot sale process conducted by PPSA (Pré-Sal Petróleo S.A) on Wednesday, the 18th, to sell 3 oil cargoes from the Government’s Sépia, Atapu, and Itapu fields, respectively, with a total volume of 1.5 million barrels. The process also included the participation of PetroChina and Shell.

The first cargo auctioned was from Sépia, with 500 thousand barrels, and the process was won by Petrobras. Since 2022, three other Sépia cargoes have already been sold to Galp, Petrobras, and CNOOC, respectively. The second cargo auctioned on Wednesday was from Atapu, with 500 thousand barrels, and the process was won by Galp. Since 2022, three other Atapu cargoes have already been sold to Galp, Equinor, and Acelen (Mataripe Refinery), respectively.

The last cargo auctioned was from Itapu, with 500 thousand barrels, and the process was won by Acelen (Mataripe Refinery). This was the first time that the Government's oil from the Itapu field was sold.

The price offers were opened in real-time during a meeting attended by representatives from all participating companies. PPSA will publish the sale price of the cargo on its website 15 days after loading.

Lecture on commercialization

 The next steps for the commercialization of the Government's oil and gas will be presented at the PPSA booth at ROG.e. on September 23 at 3:00 p.m. by the company's Commercialization Superintendent, Guilherme França. Participation will be on a first-come, first-served basis, subject to space availability. During ROG.e, a total of 12 presentations will be given on PPSA's operations in the pre-salt fields. The topics include agreement management, pre-salt exploration, cost recognition, decarbonization of operations, and the legal framework for sharing and exploration in the pre-salt fields. After the presentations, the technicians will be available at the booth to address questions and exchange knowledge on the production-sharing regime.

Check here the PPSA schedule at ROG!