RIO DE JANEIRO, BRAZIL (By Petrobras, 22.Oct.2025, Words: 247) — Petrobras acquired 2 blocks in the Campos Basin for which it submitted offers during the 3rd Cycle of the Permanent Production Sharing Offer conducted by Brazil’s National Agency of Petroleum, Natural Gas and Biofuels (ANP), successfully securing 100% of the bids submitted.
Petrobras acquired the Jaspe block in partnership with Equinor Brasil Energia Ltda. The consortium will have Petrobras as the operator, holding a 60% stake, with Equinor holding the remaining 40%.
Petrobras also fully acquired the Citrino block.
The percentage of surplus oil to be made available to the Federal Union was the sole criterion adopted by the ANP to determine the winning bid, as the fixed value of the signing bonus was already established in the tender notice.
The signing bonus to be paid by the company in Mar. 2026 amounts to R$37mn. The table below summarizes the results of Petrobras’ participation in the 3rd Cycle of the ANP’s Permanent Production Sharing Offer:
The table below summarizes the results of Petrobras’ participation in the 3rd Cycle of the ANP’s Permanent Production Sharing Offer:
Participation in the 3rd Cycle of the Permanent Production Sharing Offer is in line with Petrobras’ long-term strategy and reinforces its position as the leading operator of oil fields located in ultra-deep waters, enhancing the company’s ability to replenish reserves and secure its future.
Petrobras acted selectively in the auction, ensuring the incorporation of almost 2,300 km2 into its portfolio of exploratory areas.
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