Home Pré-Sal Petróleo SA confirms oil giants in next auction

Pré-Sal Petróleo SA confirms oil giants in next auction

29 from 2018 to 00 at 37: XNUMX
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Pré-Sal Petróleo SA confirms oil giants in next auction

Pré-Sal Petróleo SA presents the list of companies that will participate in the auction of the Lula and Sapinhoá fields and four of them are oil giants

On Friday the 31st, the pre-salt oil auction will be held under the responsibility of the Union. The event is highly anticipated, as the fields that will be auctioned are considered promising and Pré-sal Petróleo SA (PPSA) hopes that the sale of the Lula de Sapinhoá Fields will represent a return on profits and the resumption of business in the oil sector. domestic oil and gas. The auction organizers presented a list of four companies, considered world oil giants, seeking to obtain the wells.

The Auction and the Oil Giants

The companies that are authorized to participate in the auction are Petrobras, which already operates in the Santos Basin, where the wells for the auction are located. A Shell that for a long time has been seeking partnerships in the national oil market and can increase business in Brazil. A Total which already operates in several contracts with Petrobras and has been growing little by little and is now trying to operate directly in pre-salt exploration and production. The fourth company is Repsol-Sinopec, which seeks to advance in Brazil through the acquisition of wells in the Campos Basin.

Operating Capacity of Wells

The auctioned wells will have a total capacity of 3 million barrels and the buying companies will be free to negotiate the barrels, and may even wait for more competitive prices. Currently, all businesses involving oil are being awaited by professionals in the area who are still unemployed in their entirety. According to information from the National Petroleum Agency, although cautious, the future of Brazilian oil is promising.

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