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PPSA, the state oil and gas company, responsible for representing Brazil in production sharing contracts, in pre-salt areas raised R$ 704,2 million for the Union in 2020
Oil and gas PPSA, responsible for representing Brazil in production sharing contracts, in pre-salt areas, raised R$ 704,2 million for the Union's coffers last year, the company informed last Tuesday ( 11/01). Looking for a job? Curriculum vitae and work card in hand to compete for the job vacancies opened yesterday (12/01) and work at the Manserv Industrial center
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Of the amount of R$ 704,2 million, 89%, that is, R$ 627,8 million, were related to the sale of the portion of oil and gas in the Union under the management of the state-owned company.
The company's expressive 2020 result was 33,5% higher than 2019 and 119% higher than 2018, when the company started this activity.
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Another R$76,4 million, corresponding to the remaining 11%, was raised through an Equalization Agreement for Expenses and Volumes signed between PPSA and Petrobras in June 2020, referring to the Union's share in oil production and natural gas in the Tartaruga Verde Sudoeste field, object of a production sharing agreement signed on December 17, 2018.
Collection by the Union with the state-owned PPSA – Pré-Sal Petróleo
Last year alone, 2,8 million barrels of oil were sold from the Mero Development Area and the Entorno de Sapinhoá Field, which operate under a production sharing regime, and 37,7 million cubic meters of gas from the Fields of Sapinhoá, Tartaruga Verde Sudoeste and Tupi.
Since 2018, Pré-Sal Petróleo has already raised R$2,68 billion for the Union's coffers, R$1,38 billion of which from oil and gas trading activities and R$1,3 billion from equalization of expenses and volumes carried out by the company in areas where the Union has participation in Production Individualization Agreements.
Brazil will invest billions in offshore and onshore oil exploration activities in 2021
Brazil will have a billionaire contribution of BRL 5,4 billion throughout 2021 to invest in drilling new blocks, offshore and onshore exploration; and contracting seismic surveys, said this Tuesday (12/01), the National Petroleum Agency (ANP).
In the Brazilian offshore, 18 new wells are expected to be drilled, which will require billionaire investments of BRL 5,1 billion and according to the ANP, the 2D seismic surveys will total 450 km, while the 3D seismic surveys will cover an area of 2.457 km², will have a contribution of BRL 44 million.
