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The company Petrobras received a formal notification from the National Agency of Petroleum, Natural Gas and Biofuels regarding the validation of the Production Individualization Agreements. These legal documents ultimately regulate how crude oil and gas will be allocated in the Sururu and Berbigão fields, areas that, due to their geological nature, extend beyond the original concessions of the companies involved.
Production in the Sururu and Berbigão fields
The agreements entered into force on the first day of May 2026, recording the administrative management of the Santos Basin. The specific areas under review are BVE-ITP/RJS-656 and BVE-ITD/RJS-697. This is fascinating to observe: legal-engineering management must keep pace with reservoir engineering to ensure that every drop of oil extracted by the FPSO P-68 is assigned with mathematical precision to each consortium partner.
Based on these new agreements, the company maintains its leadership as operator with a dominant stake. In the case of Sururu, the Brazilian state-owned company consolidates a 45.394% interest, while its partners Shell, TotalEnergies and Petrogal adjust their percentages to 23.742%, 21.367%, and 9.497%, respectively. Likewise, in Berbigão, Petrobras’s figure rises to exceed 62%. This adjustment is vital for the financial transparency of the companies operating in Brazil’s pre-salt.
This process now involves a negotiation phase to balance past accounts. The companies must sit down to reconcile the expenses incurred and the revenues generated since these fields began production in 2019. The progress ensures harmonious coexistence in the development of strategic assets capable of pumping up to 150,000 barrels per day of heavy crude oil and natural gas.
Source and photo: Petrobras