Brasília – The National Agency of Petroleum, Natural Gas and Biofuels (ANP) sold three of the four blocks offered in the 4th Round of the Pre-Salt Production Sharing regime and raised BRL 3.15 billion (USD 820 million).
The bonus amount is based on the market’s expectation on the production potential of the blocks being offered and the competition level for them in the auction. The federal government expects to raise, this year, BRL 22.7 billion (USD 6.02 billion) in revenues from concessions and permissions.
Only the Itaimbezinho block, in the pre-salt area of the Campos Basin, didn’t get an offer. The most sought-after block, Uraipuru, was purchased by the consortium formed by Petrogal, Statoil and ExxonMobil. Petrobras exercised its preference rights and will be part of the winning consortium. The initial investment is believed to be BRL 246 million (USD 65.29 million).
The blocks Dois Irmãos, in the pre-salt of the Campos Basin, and Três Marias, in the pre-salt of the Santos Basin were also purchased. Três Marias was acquired by a consortium formed by Chevron and Shell. Petrobras, Equinor and BP had the winning bid for Dois Irmãos.
Translated by Sérgio Kakitani
