{"id":130159,"date":"2018-03-29T18:29:37","date_gmt":"2018-03-29T20:29:37","guid":{"rendered":"https:\/\/anba.com.br\/?p=130159"},"modified":"2024-02-21T22:26:29","modified_gmt":"2024-02-22T01:26:29","slug":"qatari-company-wins-bids-brazilian-oil-blocks-auction","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/qatari-company-wins-bids-brazilian-oil-blocks-auction\/","title":{"rendered":"Qatari company wins bids in Brazilian oil blocks auction"},"content":{"rendered":"<p>S\u00e3o Paulo \u2013 A consortium comprising the state-run Qatar Petroleum and the United States\u2019 ExxonMobil placed the winning bids for two Santos Basin and two Campos Basin oil blocks, in the 15<sup>th<\/sup> bidding round held by Brazil\u2019s National Agency of Petroleum, Natural Gas and Biofuels (ANP) this Thursday (29). In all, 22 offshore blocks were put under concession, grossing a combine BRL 8 billion \u2013 a 621.9% premium over the BRL 2.8 billion minimum bid price.<\/p>\n<p>The Santos Basin blocks are block 536 and 647, both in the state of Rio de Janeiro, with operator ExxonMobil Brasil retaining 64% and Qatar Petroleum subsidiary QPI Brasil holding a 36% share. The bid made by the winning consortium for those two blocks was BRL 1.145 billion.<\/p>\n<p>Another consortium, comprising QPI Brasil with 30%, Petrobras with 30% and ExxonMobil with 40%, won the bids for Campos Basin blocks 753 and 789, amounting to BRL 3.154 billion total. The ANP said the signature bonus payment on block 789 was the highest ever at BRL 2.82 billion.<\/p>\n<p>\u201cThe auction exceeded all expectations. We had diversity of operators, geographic diversity and extraordinary bonuses,\u201d a press release quoted ANP CEO D\u00e9cio Oddone as saying.<\/p>\n<p>The press release also quoted Qatar Petroleum president and CEO Saad Sherida Al-Kaabi: \u201cWe are pleased with the outcome of the bid round, which has enabled an expansion of our footprint in Brazil, in one of the most prospective basins in the world.\u201d<\/p>\n<p>He also said this was the second time in six months that Qatar Petroleum won oil exploration bids in Brazil \u2013 the first one was in October 2017, in a consortium with Shell and China National Offshore Oil Corporation. Latin America is \u201can important core area for Qatar Petroleum,\u201d he added.<\/p>\n<p>Bids were made by a total of 13 companies from 11 countries. Contracts are expected to be signed by November 30.<\/p>\n<p><strong>Translated by Gabriel Pomerancblum<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A consortium formed by Qatar Petroleum and Exxon Mobil won exploration rights for two Santos Basin and two Campos Basin oil blocks.<\/p>\n","protected":false},"author":1466,"featured_media":130151,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[],"class_list":{"0":"post-130159","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy"},"wps_subtitle":"A consortium formed by Qatar Petroleum and Exxon Mobil won exploration rights for two Santos Basin and two Campos Basin oil blocks. ","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/130159","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/1466"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=130159"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/130159\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/130151"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=130159"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=130159"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=130159"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}