Data released by Brazil’s Petroleum Regulatory Authority showed that Petrobras, Total Energies, Petronas and Qatar Energy have won exploration rights in the Agua Marina offshore zone to produce pre-salt oil in the Campos Basin in a bidding process.

The National Oil Agency said that Total Energies, Petronas and Qatar Energy presented the best offer with an oil margin of 42.4%, with a minimum of 13.23%.

The consortium won the Petrobras bid in partnership with Shell, but the Brazilian state-owned company exercised the right to join the winners.

Petrobras and Total Energies will each own a 30% stake in the project, while Petronas and Qatar Energy will each own 20%.

The winning alliance will pay a 65 million rials ($12.3 million) signing bonus to the federal government.

Previous articleLanka Premier League, 2022, DA vs GG 15th Match Prediction, Fantasy Cricket Tips, Pitch Report and Injury Update
Next articleAustralia Women tour of India, 2022, IND-W vs AUS-W 4th T20I Match Prediction, Fantasy Cricket Tips, Pitch Report and Injury Update
We provide you with the Latest Breaking News 24 hours a day from around the World.

Leave a Reply