Petrobras and the ANP - National Petroleum and Natural Gas Agency will be notified of the court decision, as the state-owned company did not file an appeal to change the action

Yesterday (07/07), the judicial process that requested to nullify the act that in 2010 changed the name of the Tupi oil field to Lula field. Local Content: ANP discusses turning fines into new investments, among other changes

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As to date Petrobras has not filed an appeal, the process has become final, that is, it has reached the end without any appeal, the state oil company and the ANP will be notified within a period of 5 days from the promulgation of the sentence.

Understanding the case

The case originated in a class action filed by lawyer Karina Pichsenmeister Palma, a partner at Gama Advogados, in Porto Alegre.

In 2015, the allegation of the action was that, although it is common to name oil fields using the names of marine animals, the change at the time had the clear intention of honoring the former President of the Republic, Luiz Inácio Lula da Silva.

The action was accepted by Federal Judge Marga Inge Barth Tessler, from the Federal Regional Court of the 4th Region, who ruled as follows: it was proven, in the records, that the administrative act that named the oil field (public property) 'Campo de Lula' aimed at the personal promotion of a living person (President of the Republic at the time the act was carried out). In this context, the act must be annulled, in view of the defect/deviation in the purpose of the act”.

Petrobras declined to comment on the ruling and has yet to comment on whether the said oil field will be renamed Tupi or will receive another name.

Campo de Lula is an oil field located in the Santos Basin about 230 km off the coast of the municipality of Rio de Janeiro in a water depth of approximately 2.200 m.

Discovered in 2006, it is the first supergiant field in Brazil, a name given to fields with more than five billion barrels of equivalent recoverable volume and is now considered the field with the highest production volume in the country.