{"id":1871,"date":"2021-11-24T10:23:00","date_gmt":"2021-11-24T10:23:00","guid":{"rendered":"https:\/\/energiesnet.com\/espanol\/?p=1871"},"modified":"2021-12-02T10:25:03","modified_gmt":"2021-12-02T10:25:03","slug":"petrobras-sweeps-pre-salt-oil-supply-auction","status":"publish","type":"post","link":"https:\/\/energiesnet.com\/espanol\/petrobras-sweeps-pre-salt-oil-supply-auction\/","title":{"rendered":"Petrobras sweeps pre-salt oil supply auction"},"content":{"rendered":"\n
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By Nathan Walters \/ Argus<\/p>\n\n\n\n

RIO
Petroleumworld 11 24 2021

Brazil’s state-controlled Petrobras was awarded all four pre-salt oil supply contracts offered by state-owned pre-salt marketing firm PPSA at auction today, outbidding France’s TotalEnergies and China’s state-owned CNODC.<\/p>\n\n\n\n

The awards give Petrobras the right to market more than 55mn bl of the federal government’s crude from the Tupi, Mero, Sapinhoa and Buzios fields that it operates.<\/p>\n\n\n\n

Petrobras outbid CNODC for a three-year contract covering 6.6mn bl of 28\u00b0API Buzios crude. Petrobras prevailed after offering a R65\/m3 ($11.64\/m3) premium to reference prices set by oil regulator ANP.<\/p>\n\n\n\n

Petrobras and CNODC also vied through multiple bidding rounds for a three-year contract covering 43.4mn bl of 29\u00b0API Mero crude, which was awarded to the Brazilian firm at a R52\/m3 premium. The lot was the biggest in today’s auction.<\/p>\n\n\n\n

CNODC holds a 5pc interest in Buzios and a 10pc stake in the Mero field, which is slated to receive its first 180,000 b\/d floating production, storage, and offloading (FPSO) unit next year.<\/p>\n\n\n\n

Petrobras operates Mero with a 40pc stake. Shell, which did not participate in today’s auction, holds 20pc in Mero, as does TotalEnergies. CNOOC holds the remaining 10pc in Mero, in addition to 10pc in Buzios.<\/p>\n\n\n\n

TotalEnergies, which only holds the Mero stake, bid on all four contracts offered today. In addition to Buzios and Mero, the firm also lost in bidding for a five-year contract covering 2.4mn bl Sapinhoa 30\u00b0API crude, which was awarded to Petrobras at R7.35\/m3. And Petrobras outbid the French firm for a five-year contract for 3.3mn bl of 28\u00b0API Tupi, with a winning R3.35\/m3 bid.<\/p>\n\n\n\n

Established in 2013, PPSA represents the federal government in 17 production-sharing contracts currently producing around 520,000 b\/d. The firm has raised around R1.9bn from oil sales since 2018 and expects to raise $116bn in sales through 2031 \u2014 when output from the PSCs it manages climbs to an estimated 3.48mn b\/d. The government’s share of profit oil \u2014 total production less approved costs \u2014 is forecast to reach 1.075mn b\/d in 2031.<\/p>\n\n\n\n

Two supply auctions launched by PPSA in 2018 failed to generate the level of competition seen at today’s auction, which was scheduled after an April tender to hire a marketing agent for its share of Tupi production also failed to attract bids. Petrobras, CNODC, Norway’s Equinor, Portugal’s Galp, Sino-Spanish joint venture Repsol-Sinopec, TotalEnergies were pre-qualified for the auction carried out today at the Sao Paulo stock exchange B3.<\/em><\/p>\n\n\n\n

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By Nathan Walters from Argus Media.<\/p>\n\n\n\n

argusmedia.com<\/a> 11 26 2021<\/p>\n\n\n\n

Copyright \u00a91999-2021 Petroleumworld or respective author or news agency. All rights reserved.<\/p>\n\n\n\n

Petroleumworld.com Copyright \u00a92021 Petroleumworld.<\/p>\n","protected":false},"excerpt":{"rendered":"

By Nathan Walters \/ Argus RIOPetroleumworld 11 24 2021 Brazil’s state-controlled Petrobras was awarded all four pre-salt oil supply contracts offered by state-owned pre-salt marketing firm PPSA at auction today, outbidding France’s TotalEnergies and China’s state-owned CNODC. The awards give Petrobras the right to market more than 55mn bl of the federal government’s crude from …<\/p>\n

Petrobras sweeps pre-salt oil supply auction<\/span> Leer m\u00e1s »<\/a><\/p>\n","protected":false},"author":1,"featured_media":1872,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","footnotes":""},"categories":[30],"tags":[],"class_list":["post-1871","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-news"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t