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Statoil awarded 4 blocks offshore Brazil

Statoil and partners were the high bidders for 4 blocks in the Campos basin in Brazil’s.

Statoil awarded 4 blocks offshore Brazil


Brasilia, 30 March - Neftegaz.RU. Statoil and partners were the high bidders for 4 blocks in the Campos basin in Brazil’s 15th licensing round held on 29 March, 2018.

A consortium comprising Petrobras (30%), ExxonMobil (40%) and Statoil (30%), presented the winning bid for the C-M-657 block in Campos Basin with a signature bonus of $638,550,000. The same consortium made up of Petrobras (40%), ExxonMobil (40%) and Statoil (20%), presented the winning bid for the C-M-709 block in the Campos Basin with a signature bonus of $450,000,000. Both blocks will be operated by Petrobras.

Statoil, together with BP, presented the winning bid for blocks C-M-755 and C-M-793. The signature bonus for both blocks totalled $ 26,016,600 (Statoil’s share was 40%). The blocks will be operated by BP.

«These are world-class assets in a country where Statoil has been present since 2001, with an experienced local organisation and deep understanding of local regulation», says Statoil’s country manager in Brazil, Anders Opedal.

The 15th licensing round was conducted by National Agency of Petroleum, Natural Gas and Biofuel (ANP).

Source : Neftegaz.RU


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