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Petrobras and Chinese companies sign the contracts for the 6th Sharing Round and the Transfer of Rights Surplus

Written by Paulo Nogueira
Published 31/03/2020 às 16:03
Campo de Búzios Petrobras and Chinese

Petrobras – Yesterday (30/3) the production sharing contracts were signed for Búzios and Itapu, in the Bidding Round for Surplus Assignment of Rights, and for Aram, for the 6th Production Sharing Round. The winning bidders entered into production sharing contracts with the Ministry of Mines and Energy, the ANP and Pré-Sal Petróleo SA (PPSA) for exploration and production of oil and natural gas.

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The Búzios block was auctioned in the Bidding Round for the Surplus of the Assignment of Rights, held on 6/11/2019, by the consortium formed by the companies Petrobras, CNODC and CNOOC. The contract will be valid for 35 years and represented a collection of BRL 68.194.000.000,00 (sixty-eight billion, one hundred and ninety-four million reais) for the Union, in addition to a percentage of oil surplus of 23,24 %.

The Itapu block, which was also auctioned in the Bidding Round for the Surplus of the Assignment of Rights, was contracted exclusively with Petrobras, which offered BRL 1.766.000.000,00 (one billion, seven hundred and sixty-six million reais) and a percentage oil surplus of 18,15% per contract.

The Aram block, on the other hand, was auctioned in the 6th Production Sharing Round, held on 7/11/2019, by the consortium formed by Petrobras and CNODC Brasil, which offered a signing bonus of R$ 5.050.000.000,00 (five billion and fifty million reais) and a percentage of oil surplus for the Union of 29,96%.

The amounts related to the signing bonus were paid by the companies in December 2019 and the signing of the contracts allows the agreed investments to be made.

ANP source

Paulo Nogueira

With a technical background, I worked in the offshore oil and gas market for a few years. Today, my team and I are dedicated to bringing information from the Brazilian energy sector and the world, always with credible and up-to-date sources.

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