PPSA to Offer 4.5 Million Barrels from Búzios Field in 10th Spot Auction

​Pré-Sal Petróleo (PPSA) will hold its 10th Spot Auction on Wednesday, October 28, at 10:30 a.m., offering approximately 4.5 million barrels of government-owned oil from the Búzios Field, with loading scheduled for December 2026. The volumes will be divided into five lots comprising six cargoes from the P-79, P-75, P-77 and P-76 platforms, as well as the Almirante Tamandaré and Almirante Barroso FPSOs.

Individual cargoes range from 500,000 to 1 million barrels. Companies qualified for the 9th Spot Auction will be eligible to participate. The previous auction was held in three stages between September and October, with ExxonMobil purchasing a Bacalhau cargo and TotalEnergies acquiring Búzios cargoes. TotalEnergies purchased an additional Búzios cargo in the final stage. All cargoes scheduled for November loading were sold, while the updated December loading programme will be offered in the new auction.
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