Petrobras has signed 26 concession contracts of the 4th Permanent Concession Offer Cycle, acquired in partnership with Shell in the public session held by the National Agency of Petroleum, Natural Gas and Biofuels (ANP) in December 2023.
The consortium will have Petrobras as operator, with a 70% stake, and Shell with a 30% stake.
The contracts refer to blocks in the Pelotas Basin; P-M-1277, P-M-1279, P-M-1281, P-M-1361, P-M-1363, P-M-1441, P-M1443, P-M-1357, P-M-1359, P-M-1439, P-M-1516, P-M-1518, P-M-1595, P-M-1597, P-M-1793, P-M1795, P-M-1838, P-M-1840, P-M-1520, P-M-1522, P-M-1599, P-M-1674, P-M-1676, P-M-1678, P-M1743, P-M-1799.
Besides, Petrobras has also acquired three other blocks, and their contracts will be signed later according to the ANP’s schedule, the company said on Friday.
Petrobras emphasized the importance of these contracts in diversifying the company’s portfolio and strengthening its position as the main operator of oil fields located in deep and ultra-deep waters.
