CNPE approves auction of new PRE-SALT blocks, grants PETROBRAS preference in the JASPE block.

(PN) After approving the National Energy Transition Policy and other measures related to the green economy, the National Energy Policy Council (CNPE) made its decision and defined the parameters for new pre-salt blocks. In practice, the measure authorizes the Rubi and Granada areas, in the Santos Basin pre-salt, to be auctioned in a future round of the National Petroleum Agency (ANP) sharing regime.

The parameters for the bidding process estimate a signing bonus that could generate revenue of R$118 million, and a minimum rate of 11.42% for the Union. As a reminder, in the sharing auctions, the criterion for defining the winning bidder is the Union’s oil offer. The expectation is that more than R$60 billion will be invested in the two blocks, which could generate more than 280 thousand direct and indirect jobs, in addition to government revenues of around R$119 billion reais over the useful life of the projects.

The total area of ​​the Rubi and Granada blocks covers approximately 1,200 km², with an estimated oil potential of an average total risked volume (considering risks and uncertainties) of 2.1 billion barrels of oil equivalent.

PETROBRAS WILL HAVE PREFERENCE IN THE JASPE BLOCK AUCTION

The CNPE also approved a resolution confirming Petrobras’ interest in the Jaspe block, which will be auctioned under the production sharing regime in the next Permanent Offering Cycle. The ANP should publish the notice by the end of 2024, with the auction scheduled for early 2025.

According to the CNPE, Petrobras will be the mandatory operator of the block, with a minimum stake of 40%, guaranteeing its leadership role in the consortium. Other blocks may be auctioned without the mandatory participation of Petrobras.