Petrobras and PetroChina were the winners of the spot sale process promoted by PPSA (Pré-Sal Petróleo S.A.) on Wednesday, 10/30, to commercialize five oil cargoes from the Government of the Sépia field, with an estimated volume of 2.5 million barrels. Six companies have registered for the competitive bidding process.

The sale was divided into two lots: the first with a load of 500 thousand barrels and an estimated loading date in December 2024, which was won by PetroChina; and the second, with an estimated 2 million barrels and an expected loading between January and April of the following year, won by Petrobras. Since 2022, four other Sépia cargoes have already been sold to Galp, CNOOC, and Petrobras.

The price offers were opened in real-time during a meeting attended by representatives of the companies that submitted written proposals. PPSA will publish the sale price of the cargo on its website 15 days after loading.