The National Agency of Petroleum, Natural Gas and Biofuels (ANP) will unify Berbigão and Sururu fields in concession BM-S-11A in the Santos basin presalt. Petróleo Brasileiro SA (Petrobras) is operator with a 42.5% interest.
Production of Berbigão and Sururu fields will be reported as a single field, increasing the rate applied to the corresponding Special Participation payment for the unified field, retroactively to the production start date.
ANP’s decision to unify these fields also determines the unification of the areas covered by the transfer of rights contract for Entorno de Iara block (South of Berbigão and South of Sururu; North of Berbigão and North of Sururu), all operated by Petrobras (100%).
The Superintendence of Government Participations was ordered to calculate the value of Government Participations considering the unified fields. Petrobras is evaluating, within the scope of the consortium, the adoption of appropriate measures in the competent levels and will assess the possible impacts on its financial statements.
There is no special participation charge in this case.