Petrobras and ANP reach an agreement for the unification of Parque das Baleias, in the Espírito Santo part of the Campos Basin and the State of Espírito Santo will have an increase in collection
After five years of talks, Petrobras and the ANP signed this Friday (05/04) the agreement that unifies the fields of Parque das Baleias.
With the agreement, the Jubarte field will incorporate the other seven areas of Parque das Baleias, namely: Baleia Anã, Baleia Azul, Baleia Franca, Cachalote, Caxaréu, Mangangá, Pirambu and Jubarte. From now on, the field will be called Novo Campo de Jubarte.
The agreement is important for Petrobras, as it guarantees the oil company the extension of the concession period for the area for another 27 years and equally important for the government of Espírito Santo, which will receive R$ 3,5 billion, referring to the payment of Special Participation (PE ).
The signing will take place at the State Government Palace, in Vitória, and will be attended by, in addition to the state governor, Renato Casagrande and the president of Petrobras, Roberto Castello Branco, the minister of the MME, Bento Albuquerque, the general director of the ANP, Décio Oddone, and MME Secretary of Petroleum, Natural Gas and Biofuels, Márcio Félix.
Past conversations and attempts
Petrobras had already declared the commerciality of the wells eight times, but in 2014, the ANP determined the unification of the discoveries to the Jubarte field, thus generating an increase in the PE charge.
Petrobras, for disagreeing with the ANP, filed an appeal with the arbitration, but the process was suspended in July 2018 and from then on Petrobras and ANP opened negotiations to reach an agreement, so much so that in February there was a public hearing for discussions .
Now Petrobras has the concession until 2056 and will be able to unpack investment plans in the field, among them, there is even the installation of an FPSO, which is in the bidding phase.
This FPSO will have the capacity to produce 100 bopd and compress 5 million m³/d of gas and is expected to start operating in 2022, currently other units are already operating at the site.
Regarding the R$ 3,5 billion that the government of Espírito Santo has to receive from PE, Petrobras plans to pay in installments, the first of which is already established at R$ 1,1 billion.
The ANP forecast is that the state will receive, with the agreement, R$ 25,8 billion in nominal values until the end of the concession in 2056.
