Pré-Sal Petróleo S.A. (PPSA) is a Brazilian state-owned company linked to the Ministry of Mines and Energy that manages the federal government’s interests in oil and natural gas developed under the production sharing regime in Brazil’s pre-salt areas. Established to support the regulatory framework for ultra-deepwater resources, PPSA operates primarily in the Santos and Campos basins.
PPSA represents the Union in production sharing contracts, administers and oversees contract execution, coordinates unitization agreements, monitors costs and production, and ensures adherence to approved development plans. The company also markets and sells the government’s share of oil and natural gas. PPSA does not explore for or produce hydrocarbons itself and is not an operator; those activities are carried out by contracted consortia. Its role focuses on governance, transparency, and value maximization for the Brazilian state in pre-salt projects.
