PPSA

Federal Government receives R$ 917.32 million from Tupi redetermination

T&B Petroleum/Press Office PPSA
07/04/2026 12:40
Federal Government receives R$ 917.32 million from Tupi redetermination Imagem: Petrobras Agency Visualizações: 23 (0) (0) (0) (0)

The Federal Government, represented by PPSA, received last Thursday (2) approximately R$ 917.32 million from Petrobras, Shell and Petrogral. The amount refers to the financial settlement of the first redetermination of the Shared Reservoir of Tupi, in the Santos Basin, as provided for in the Equalization of Expenditures and Volumes Agreement (AEGV). The financial compensation covers the expenses incurred and the revenues related to the volumes produced up to the effective date of this addendum to the AIP, in accordance with the current AEGV. Tupi is currently the second‑largest producing field in the country.

With the revision of the unitization agreement, the Federal Government’s share increased from 0.551% to 0.833%, with retroactive effects to December 1, 2025. With the redistribution, Petrobras’ participation in Tupi rose from 67.216% to 67.457%, Shell’s share was reduced from 23.024% to 22.650%, and Petrogal Brasil’s participation decreased from 9.209% to 9.060%.

The shared reservoir of Tupi encompasses areas under different contractual regimes, including:

  1. the Concession Contract (BM‑S‑11), operated by Petrobras (65%) in partnership with Shell (25%) and Petrogal (10%);

  2. the Tupi South Block of the Transfer of Rights Contract (Tupi South field), operated by Petrobras, which holds 100% participation; and

  3. the Uncontracted Area belonging to the Federal Government, represented by PPSA in the AIP, as provided for in Law 12.351/2010.

Most Read Today
see see
PPSA
Federal Government receives R$ 917.32 million from Tupi ...
07/04/26
Study
Brazil increases dependence on thermal power, but lack o...
07/04/26
Permanent Offer
Permanent Production Sharing Offer (OPP): ANP publishes ...
07/04/26
Taxation
Infis Consultoria promotes the 4th Oil & Gas Taxation Se...
07/04/26
Green Hydrogen
Study at RCGI maps regions with the greatest potential f...
07/04/26
iBEM26
Goldwind advances in Bahia with factory in Camaçari and ...
27/03/26
iBEM26
Bahia showcases its bioenergy potential and reinforces i...
27/03/26
iBEM26
ESG practices in the renewable energy sector are highlig...
26/03/26
iBEM26
ABPIP highlights the role of independent producers in en...
26/03/26
iBEM26
Jerônimo Rodrigues highlights Bahia’s potential in the e...
26/03/26
Campos Basin
New oil discovery in the pre-salt of the Campos Basin
26/03/26
Royalties
Royalties: amounts related to January production for con...
26/03/26
iBEM26
iBEM 2026 begins in Salvador with debates on energy secu...
25/03/26
iBEM26
iBEM 2026 brings together specialists and discusses the ...
25/03/26
Petrobras
Museum of Petroleum and New Energies will operate in the...
19/03/26
Macaé Energy
Macaé Energy: debates focus on the strategic role of nat...
18/03/26
Macaé Energy
Macaé Energy 2026 strengthens the municipality’s positio...
17/03/26
Macaé Energy
With record-breaking attendance, the Macaé Energy trade ...
17/03/26
Offshore Technology & Subsea Engineering
Trendsetter Vulcan Offshore Customizes Tethered BOP Tech...
17/03/26
Macaé Energy
FIRJAN: Technical Conference is a Highlight of Macaé Ene...
16/03/26
Permanent Offer
Inclusion of 15 New Blocks in Permanent Offer (OPP) Bid ...
14/03/26
VEJA MAIS
Newsletter TN

Contact us

We use cookies to ensure you have the best experience on our website. If you continue to use this site, we will assume that you agree with our Privacy Policy, terms of use and cookies.