Billion-Dollar Oil Auction by the Union: PPSA Plans to Offer Over 106 Million Barrels in July 2026

Written by Rannyson Moura

Published on 09/12/2025 at 18:40

Updated on 09/12/2025 at 19:01

PPSA anuncia novo leilão de petróleo da União com 106,5 milhões de barris, envolvendo campos do pré-sal e expectativa de receitas bilionárias em 2026.

Be the first to react!

PPSA Announces New Federal Oil Auction With 106.5 Million Barrels, Involving Pre-Salt Fields and Expectations of Billion-Dollar Revenues in 2026.

Pré-Sal Petróleo S.A. (PPSA) confirmed that it will put on the market 106.5 million barrels of federal oil in a new auction scheduled for July 29, 2026. The auction will be held at B3, in São Paulo, and will mark the sixth auction of oil loads conducted by the state-owned company.

The announcement was made by the Superintendent of Oil Marketing at PPSA, Guilherme França, during the PPSA Technical Forum 2025, an event taking place in Rio de Janeiro. The initiative reinforces the role of the state-owned company in managing and marketing oil from the pre-salt sharing contracts.

Pre-Salt Fields Concentrate the Majority of Oil Offered

According to PPSA, the oil offered in the auction will originate from six strategic fields, all located in areas of significant energy relevance. The largest volume will come from the Mero field, with 64 million barrels, followed by Búzios, which will account for 21.5 million barrels.

ARTICLE CONTINUES BELOW

PPSA Revenues and Impact of Oil on Public Accounts

Before the announcement of the auction, PPSA President, Luis Fernando Paroli, highlighted the financial projections of the state-owned company. The expectation is that the company will raise R$ 30.6 billion in 2025, while the forecast for 2026 is R$ 28 billion.

The difference between the two years is directly linked to conducting the auction of uncontracted pre-salt areas, which is expected to account for R$ 8.79 billion of the total revenue in 2025. However, there is still no definition on whether this type of auction will be repeated in 2026.

Uncontracted Areas May Return to the Government Radar

Among the uncontracted areas, one of the most relevant is the shared Tupi reservoir, located in the Santos Basin, which was offered this year but had no interested parties. For this reason, it may return in a future auction. Additionally, the Jubarte reservoir, in the Campos Basin, emerges as another possible offer.

Sources linked to PPSA claim that there is currently no official signal from the government regarding the holding of a new auction for uncontracted areas. Nevertheless, there is internal consensus that, if the goal is to repeat this strategy in 2026, the decision would need to be made early in the year.

This is because the process involves more in-depth evaluations and greater scrutiny by the TCU (Federal Court of Accounts). With more time available, the agency would be able to analyze in greater detail the financial and legal impacts of a new auction, which could directly influence the timeline and viability of the anticipated revenues from pre-salt oil.

Billion-Dollar Oil Auction by the Union: PPSA Plans to Offer Over 106 Million Barrels in July 2026

PPSA Announces New Federal Oil Auction With 106.5 Million Barrels, Involving Pre-Salt Fields and Expectations of Billion-Dollar Revenues in 2026.

Pre-Salt Fields Concentrate the Majority of Oil Offered

PPSA Revenues and Impact of Oil on Public Accounts

Uncontracted Areas May Return to the Government Radar

Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

With billions in loans, China is rebuilding Nigeria’s railway network from scratch, abandoning the British colonial tracks that have turned to scrap and creating a corridor of over 1,300 km to take the load off the roads of Africa’s largest economy.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

Australia prepares to dredge 96.5 million m³ in Moreton Bay to deepen, widen, and realign channels of the Port of Brisbane, in a project of up to 25 years designed to accommodate larger ships and enhance maritime safety and regional port efficiency.

Study solves great ancient mystery: remains of Philip II, father of Alexander the Great, are identified in Vergina and resolves the enigma of the Macedonian royal tombs that had lasted half a century.

Larger than the Toyota Hilux and with a towing capacity of 3.5 tons, the new MG U9 2026 features a 2.5 turbodiesel engine, 520 Nm, 4×4 traction with three locks, and an almost full-size build.

Family has lived for over 50 years without electricity and running water at home in the South of Minas, 10 minutes from the city, improvising light, bath, and water while facing a lack of basic resources and awaiting property regularization.

800-year-old skeletons found embracing have their impressive story revealed after DNA results

Christmas trees thrown away become a natural barrier in Alabama, where teams repurpose thousands of pines on the beaches of Gulf Shores to trap sand, rebuild dunes, and protect houses against storms and hurricanes for almost four decades.

Fiat Strada Turbo addresses the lack of power in the 1.3 versions with an engine of up to 130 hp, CVT transmission, and Sport mode, but evaluation reveals that the best-selling pickup truck in Brazil could still offer better braking, a larger screen, and more comfort for rear passengers.

Cane fences become a natural wall in Catalonia, where researchers and residents use sand traps on the beaches to capture sediments, rebuild dunes, and protect cities after Sant Pere Pescador lost 50 meters of coastline in 50 years.

Billion-Dollar Oil Auction by the Union: PPSA Plans to Offer Over 106 Million Barrels in July 2026

PPSA Announces New Federal Oil Auction With 106.5 Million Barrels, Involving Pre-Salt Fields and Expectations of Billion-Dollar Revenues in 2026.

Pre-Salt Fields Concentrate the Majority of Oil Offered

PPSA Revenues and Impact of Oil on Public Accounts

Uncontracted Areas May Return to the Government Radar

Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

With billions in loans, China is rebuilding Nigeria’s railway network from scratch, abandoning the British colonial tracks that have turned to scrap and creating a corridor of over 1,300 km to take the load off the roads of Africa’s largest economy.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

Australia prepares to dredge 96.5 million m³ in Moreton Bay to deepen, widen, and realign channels of the Port of Brisbane, in a project of up to 25 years designed to accommodate larger ships and enhance maritime safety and regional port efficiency.

Study solves great ancient mystery: remains of Philip II, father of Alexander the Great, are identified in Vergina and resolves the enigma of the Macedonian royal tombs that had lasted half a century.

Larger than the Toyota Hilux and with a towing capacity of 3.5 tons, the new MG U9 2026 features a 2.5 turbodiesel engine, 520 Nm, 4×4 traction with three locks, and an almost full-size build.

Farmer drills well in Ceará in search of water, accidentally finds crude oil and sees million-dollar discovery hindered by a rule that completely changes the future of the site.

Family finds oil on a 49-hectare site in Ceará, but exploration has no timeline or guarantee of happening

When drilling an artesian well, a farmer wanted water but found oil: ANP confirms that the dark liquid found by a farmer on a site in Ceará is crude oil.

European stocks rise with oil drop after Trump’s remarks on Iran as investors monitor global tension

While the Brazil-Peru rail has been under study for 11 years, China-Brazil unlock the $18.5 billion bi-oceanic corridor Manaus-Chancay to challenge the Panama Canal

Family has lived for over 50 years without electricity and running water at home in the South of Minas, 10 minutes from the city, improvising light, bath, and water while facing a lack of basic resources and awaiting property regularization.

800-year-old skeletons found embracing have their impressive story revealed after DNA results

Christmas trees thrown away become a natural barrier in Alabama, where teams repurpose thousands of pines on the beaches of Gulf Shores to trap sand, rebuild dunes, and protect houses against storms and hurricanes for almost four decades.

Fiat Strada Turbo addresses the lack of power in the 1.3 versions with an engine of up to 130 hp, CVT transmission, and Sport mode, but evaluation reveals that the best-selling pickup truck in Brazil could still offer better braking, a larger screen, and more comfort for rear passengers.

Cane fences become a natural wall in Catalonia, where researchers and residents use sand traps on the beaches to capture sediments, rebuild dunes, and protect cities after Sant Pere Pescador lost 50 meters of coastline in 50 years.