Timeline

2023

  • Beginning of Commercial Operation of Futura 1 Solar Complex.
  • Certification of reserves and resources on the base date of December 2022:
    • Parnaíba Basin: Reserves (2C) of 33.07 bcm of natural gas and 0.29 MMbbl of condensate. Contingent  resources (2C) of 0.33 bcm of natural gas in the Lago dos Rodrigues DEP
    • Amazonas Basin: Reserves (2C) of 14.46 bcm of natural gas and 5.45 MMbbl of condensate. Contingent resources (2C) of 2.01 bcm of natural gas, 1.72 MMbbl of condensate, 4.34 MMbbl of oil and 0.202 bcm of associated gas in the Anebá DEP
    • Solimões Basin: Contingent resources (2C) of 24.04 bcm of natural gas.
  • Mr. Lino Cançado took office as the new CEO and reorganized the Operation Board, which is now divided into three new Offices: (i) Exploration, Development and Construction Board; (ii) R2W/SSLNG Asset Operation and Maintenance Board; and (iii) Generation Asset Operation and Maintenance Board.
  • The new exclusive Human Resources Board was created, with Mr. Ricardo Matheus Santos elected as Director.

2022

  • Certification of 29.45 bcm of natural gas reserves (2P), on the base date of December 2021, in the Parnaíba Basin. The Reserves Replacement Ratio (RRR) in this basin was 264%. Additionally, the following total contingent resources (P50) were certified: (i) 2.13 bcm of gas and 0.88 million barrels of oil in the Parnaíba Basin; and (ii) 20.85 bcm of gas in the Solimões Basin.
  • Certification of 14.8 bcm of natural gas reserves (2P) and 4.7 million barrels of condensate (2P), at the base date of April 2022, in the Azulão Field. Also in the Amazonas Basin, in the Anebá Discovery Evaluation Plan (DEP), the following contingent resources (2C) were certified: 5.4 bcm of gas, 4.0 million barrels of condensate and 7.0 million barrels of oil.
  • Success in the 2nd Reserve Auction of Capacity in the form of energy with the TPP Azulão II project, with 590 MW of total installed capacity, which will be implemented in the vicinity of the Azulão Field, in the Amazonas Basin.
  • Conclusion of the incorporation of Focus Energia, adding a pipeline of about 3.9 GWp in renewable projects, including the Futura 1 Solar Plant, in final phase of construction, with 870 MWp. Additionally, with the business combination, the Company leverages its capacity to sell energy in the free market.
  • Acquisition of CELSEPAR, whose main operating asset is TPP Porto de Sergipe I, a gas-fired plant with 1,593 MW of installed capacity, located in the state of Sergipe. The plant is fully contracted in the regulated environment until December 2044.
  • Acquisition of CGTF – Central Geradora Termelétrica Fortaleza, whose main operational asset is UTE Fortaleza, a gas-fired plant with 327 MW of installed capacity, located in the state of Ceará. The plant has an energy commercialization contract with the state’s distributor that runs until 2023.
  • Contract for the supply of liquefied natural gas (LNG) to the industrial facilities of Suzano and Vale, in the state of Maranhão, valid for 10 years and 5 years respectively, as from the start of commercial supply. With the contract, the Company expands its activities to include the commercialization of LNG on a small scale.
  • Declaration of Commerciality of the 11th natural gas field in the Parnaíba Complex, the Gavião Mateiro Field, with an estimated gas-in-place (Pmean) of 5.62 bcm.
  • Election of the new CEO Mr. Lino Cancado, effective in January 2023.
  • Start of commercial operation of the Parnaíba V plant.
  • New Shareholders’ agreement between Cambuhy, Atmos, Dynamo and Velt.

2021

  • Certification of 26.0 bcm of natural gas reserves (2P) in the Parnaíba Complex, for December 2020. Additionally, on the base date of June 2021, 6.3 bcm of natural gas reserves (2P) were certified in the Azulão Field, in addition to 26.7 bcm of contingent natural gas resources (P50), of which 5.8 bcm are in the Amazonas Basin and 20.9 bcm in the Juruá Area, in the Solimões Basin.
  • Declaration of Commerciality of one more natural gas field in the Parnaíba Complex, the Gavião Belo Field, with an estimated gas-in-place (Pmean) of 6.78 bcm.
  • Company’s shares split in the proportion of 1:4.
  • Signed the Business Combination Agreement between Eneva and Focus Energia.
  • Success in Aneel’s 1st Capacity Auction with the sale of the product power of two plants.

2020

  • Financing contract signed with BASA, in the amount of R$ 1.0 billion, and with China Bank, in the amount of R$ 90 million.
  • Conclusion of the 4th debenture issue in the amount of R$ 410 million.
  • Sale of Eneva’s entire stake in Seival Sul Mineração.
  • Conclusion of the 5th issue of debentures for R$650 million.
  • 6th issue of debentures approved at a Board of Directors Meeting, in the amount of R$835 million.
  • Shareholders’ agreement between Atmos, Dynamo and Velt.
  • Acquisition of 7 exploratory blocks in the onshore basins of Amazonas and Paraná, and the Juruá field in the Solimões basin.

2019

  • 27.7 bcm of certified natural gas reserves (2P), of which 24.1 bcm in the Parnaíba Basin and 3.6 bcm in the Amazonas Basin.
  • Successful secondary stock offering (R$18.25 per share).
  • Success in Aneel’s 1st Auction of the Isolated System. Start-up of works on the Azulão-Jaguatirica integrated project. Project included in the REIDI.
  • Parnaíba VI Project, closing the cycle of Parnaíba III, wins Auction A-6.
  • Increase of physical guarantee of the TPPs Parnaíba I and III in the A-2 Auction.
  • Conclusion of the 2nd issue of debentures in the amount of R$ 2 billion and conclusion of the 3rd issue of debentures in the amount of R$ 650 million.
  • Early payment of the total debts of the Judicial Recovery.
  • Conclusion of the full financing of the Parnaíba V project (BNB + incentivized debentures).
  • Acquisition of 6 onshore exploration blocks in the Parnaíba Basin in the 1st round of ANP Open Acreage.

2018

  • 25.0 bcm of certified natural gas reserves (2P), of which 21.4 bcm in the Parnaíba Basin and 3.6 bcm in the Amazonas Basin.
  • Acquisition of 50% of Pecém II held by Uniper, for R$50 million.
  • Parnaíba V Project, closing the cycle of Parnaíba I, wins Auction A-6.
  • Declaration of Commerciality of Gavião Tesoura Field.
  • Restructuring of the Natural Gas Segment (PGN).

2017

  • 18.8 bcm of certified natural gas reserves (2P) in the Parnaíba Basin.
  • Acquisition of 5 onshore exploration blocks in the Parnaíba Basin in the ANP’s 14th round.
  • Acquisition of the onshore Azulão Field, in the Amazonas Basin.
  • Re-IPO R$ 0.9 billion.

2016

  • Natural gas production capacity reached 8.4 MM m3/day.
  • Merger between PGN and Eneva.
  • Start of commercial operation of the Parnaíba II plant.
  • Judicial Recovery ended in 1.5 years.

2015

  • Capital injection of R$ 3 billion through asset contribution, credit capitalization and in cash.
  • Significant changes in the shareholder structure.
  • Acquisition of 7 onshore exploration blocks in the Parnaíba Basin in the 13th ANP round.
  • Declaration of Commerciality for 4 new fields.
  • Start of works to expand production capacity.
  • Cambuhy’s additional investment of R$ 350 million.

2014

  • Sale of 50% of Pecém II to E.ON for R$ 400mm.
  • Agreement of Parnaíba II with ANEEL to postpone PPA until 2016 (Conduct Adjustment Commitment Term – TAC).
  • Sale of Eneva’s total stake in Pecém I (50%) to EDP for R$ 300mm.
  • Judicial Recovery Request.
  • New Board of Directors and Executive Board.

2013

  • Start of commercial operation of the Itaqui, Pecém II, Parnaíba I, Parnaíba III and Parnaíba IV plants.
  • Cambuhy’s investment in OGX Maranhão.
  • Name of OGX Maranhão changed to Paranaíba Gás Natural (PGN).
  • First commercial gas production.
  • MPX’s corporate name changed to Eneva.

2012

  • Joint-venture with E.ON.
  • Start of commercial operation of the Pecém I plant.
  • Authorization for the start of natural gas production and outflow at the Gavião Real and Gavião Azul fields. Gavião Real was the 1st field to operate for commissioning of thermoelectric turbines (24 months from wildcat to production).

2011

  • Parnaíba II Project wins Auction A-3.

2010

  • Start of the drilling campaign
  • Acquisition of a 50% stake in Block PNT-102 (2010/2011).
  • First discovery of natural gas.

2009

  • Acquisition of 7 onshore exploratory blocks in the Parnaíba Basin.
  • Founded OGX Maranhão to operate E&P activities in the Parnaíba Basin.
  • Start of the natural gas exploration campaign.

2007

  • IPO: R$ 2 billion.
  • 1.1GW was sold in the A-5 auction.
2023

2023

  • Beginning of Commercial Operation of Futura 1 Solar Complex.
  • Certification of reserves and resources on the base date of December 2022:
    • Parnaíba Basin: Reserves (2C) of 33.07 bcm of natural gas and 0.29 MMbbl of condensate. Contingent  resources (2C) of 0.33 bcm of natural gas in the Lago dos Rodrigues DEP
    • Amazonas Basin: Reserves (2C) of 14.46 bcm of natural gas and 5.45 MMbbl of condensate. Contingent resources (2C) of 2.01 bcm of natural gas, 1.72 MMbbl of condensate, 4.34 MMbbl of oil and 0.202 bcm of associated gas in the Anebá DEP
    • Solimões Basin: Contingent resources (2C) of 24.04 bcm of natural gas.
  • Mr. Lino Cançado took office as the new CEO and reorganized the Operation Board, which is now divided into three new Offices: (i) Exploration, Development and Construction Board; (ii) R2W/SSLNG Asset Operation and Maintenance Board; and (iii) Generation Asset Operation and Maintenance Board.
  • The new exclusive Human Resources Board was created, with Mr. Ricardo Matheus Santos elected as Director.
2022

2022

  • Certification of 29.45 bcm of natural gas reserves (2P), on the base date of December 2021, in the Parnaíba Basin. The Reserves Replacement Ratio (RRR) in this basin was 264%. Additionally, the following total contingent resources (P50) were certified: (i) 2.13 bcm of gas and 0.88 million barrels of oil in the Parnaíba Basin; and (ii) 20.85 bcm of gas in the Solimões Basin.
  • Certification of 14.8 bcm of natural gas reserves (2P) and 4.7 million barrels of condensate (2P), at the base date of April 2022, in the Azulão Field. Also in the Amazonas Basin, in the Anebá Discovery Evaluation Plan (DEP), the following contingent resources (2C) were certified: 5.4 bcm of gas, 4.0 million barrels of condensate and 7.0 million barrels of oil.
  • Success in the 2nd Reserve Auction of Capacity in the form of energy with the TPP Azulão II project, with 590 MW of total installed capacity, which will be implemented in the vicinity of the Azulão Field, in the Amazonas Basin.
  • Conclusion of the incorporation of Focus Energia, adding a pipeline of about 3.9 GWp in renewable projects, including the Futura 1 Solar Plant, in final phase of construction, with 870 MWp. Additionally, with the business combination, the Company leverages its capacity to sell energy in the free market.
  • Acquisition of CELSEPAR, whose main operating asset is TPP Porto de Sergipe I, a gas-fired plant with 1,593 MW of installed capacity, located in the state of Sergipe. The plant is fully contracted in the regulated environment until December 2044.
  • Acquisition of CGTF – Central Geradora Termelétrica Fortaleza, whose main operational asset is UTE Fortaleza, a gas-fired plant with 327 MW of installed capacity, located in the state of Ceará. The plant has an energy commercialization contract with the state’s distributor that runs until 2023.
  • Contract for the supply of liquefied natural gas (LNG) to the industrial facilities of Suzano and Vale, in the state of Maranhão, valid for 10 years and 5 years respectively, as from the start of commercial supply. With the contract, the Company expands its activities to include the commercialization of LNG on a small scale.
  • Declaration of Commerciality of the 11th natural gas field in the Parnaíba Complex, the Gavião Mateiro Field, with an estimated gas-in-place (Pmean) of 5.62 bcm.
  • Election of the new CEO Mr. Lino Cancado, effective in January 2023.
  • Start of commercial operation of the Parnaíba V plant.
  • New Shareholders’ agreement between Cambuhy, Atmos, Dynamo and Velt.
2021

2021

  • Certification of 26.0 bcm of natural gas reserves (2P) in the Parnaíba Complex, for December 2020. Additionally, on the base date of June 2021, 6.3 bcm of natural gas reserves (2P) were certified in the Azulão Field, in addition to 26.7 bcm of contingent natural gas resources (P50), of which 5.8 bcm are in the Amazonas Basin and 20.9 bcm in the Juruá Area, in the Solimões Basin.
  • Declaration of Commerciality of one more natural gas field in the Parnaíba Complex, the Gavião Belo Field, with an estimated gas-in-place (Pmean) of 6.78 bcm.
  • Company’s shares split in the proportion of 1:4.
  • Signed the Business Combination Agreement between Eneva and Focus Energia.
  • Success in Aneel’s 1st Capacity Auction with the sale of the product power of two plants.
2020

2020

  • Financing contract signed with BASA, in the amount of R$ 1.0 billion, and with China Bank, in the amount of R$ 90 million.
  • Conclusion of the 4th debenture issue in the amount of R$ 410 million.
  • Sale of Eneva’s entire stake in Seival Sul Mineração.
  • Conclusion of the 5th issue of debentures for R$650 million.
  • 6th issue of debentures approved at a Board of Directors Meeting, in the amount of R$835 million.
  • Shareholders’ agreement between Atmos, Dynamo and Velt.
  • Acquisition of 7 exploratory blocks in the onshore basins of Amazonas and Paraná, and the Juruá field in the Solimões basin.
2019

2019

  • 27.7 bcm of certified natural gas reserves (2P), of which 24.1 bcm in the Parnaíba Basin and 3.6 bcm in the Amazonas Basin.
  • Successful secondary stock offering (R$18.25 per share).
  • Success in Aneel’s 1st Auction of the Isolated System. Start-up of works on the Azulão-Jaguatirica integrated project. Project included in the REIDI.
  • Parnaíba VI Project, closing the cycle of Parnaíba III, wins Auction A-6.
  • Increase of physical guarantee of the TPPs Parnaíba I and III in the A-2 Auction.
  • Conclusion of the 2nd issue of debentures in the amount of R$ 2 billion and conclusion of the 3rd issue of debentures in the amount of R$ 650 million.
  • Early payment of the total debts of the Judicial Recovery.
  • Conclusion of the full financing of the Parnaíba V project (BNB + incentivized debentures).
  • Acquisition of 6 onshore exploration blocks in the Parnaíba Basin in the 1st round of ANP Open Acreage.
2018

2018

  • 25.0 bcm of certified natural gas reserves (2P), of which 21.4 bcm in the Parnaíba Basin and 3.6 bcm in the Amazonas Basin.
  • Acquisition of 50% of Pecém II held by Uniper, for R$50 million.
  • Parnaíba V Project, closing the cycle of Parnaíba I, wins Auction A-6.
  • Declaration of Commerciality of Gavião Tesoura Field.
  • Restructuring of the Natural Gas Segment (PGN).
2017

2017

  • 18.8 bcm of certified natural gas reserves (2P) in the Parnaíba Basin.
  • Acquisition of 5 onshore exploration blocks in the Parnaíba Basin in the ANP’s 14th round.
  • Acquisition of the onshore Azulão Field, in the Amazonas Basin.
  • Re-IPO R$ 0.9 billion.
2016

2016

  • Natural gas production capacity reached 8.4 MM m3/day.
  • Merger between PGN and Eneva.
  • Start of commercial operation of the Parnaíba II plant.
  • Judicial Recovery ended in 1.5 years.
2015

2015

  • Capital injection of R$ 3 billion through asset contribution, credit capitalization and in cash.
  • Significant changes in the shareholder structure.
  • Acquisition of 7 onshore exploration blocks in the Parnaíba Basin in the 13th ANP round.
  • Declaration of Commerciality for 4 new fields.
  • Start of works to expand production capacity.
  • Cambuhy’s additional investment of R$ 350 million.
2014

2014

  • Sale of 50% of Pecém II to E.ON for R$ 400mm.
  • Agreement of Parnaíba II with ANEEL to postpone PPA until 2016 (Conduct Adjustment Commitment Term – TAC).
  • Sale of Eneva’s total stake in Pecém I (50%) to EDP for R$ 300mm.
  • Judicial Recovery Request.
  • New Board of Directors and Executive Board.
2013

2013

  • Start of commercial operation of the Itaqui, Pecém II, Parnaíba I, Parnaíba III and Parnaíba IV plants.
  • Cambuhy’s investment in OGX Maranhão.
  • Name of OGX Maranhão changed to Paranaíba Gás Natural (PGN).
  • First commercial gas production.
  • MPX’s corporate name changed to Eneva.
2012

2012

  • Joint-venture with E.ON.
  • Start of commercial operation of the Pecém I plant.
  • Authorization for the start of natural gas production and outflow at the Gavião Real and Gavião Azul fields. Gavião Real was the 1st field to operate for commissioning of thermoelectric turbines (24 months from wildcat to production).
2011

2011

  • Parnaíba II Project wins Auction A-3.
2010

2010

  • Start of the drilling campaign
  • Acquisition of a 50% stake in Block PNT-102 (2010/2011).
  • First discovery of natural gas.
2009

2009

  • Acquisition of 7 onshore exploratory blocks in the Parnaíba Basin.
  • Founded OGX Maranhão to operate E&P activities in the Parnaíba Basin.
  • Start of the natural gas exploration campaign.
2007

2007

  • IPO: R$ 2 billion.
  • 1.1GW was sold in the A-5 auction.