Brief: Galp In Consortium With Equinor Win Rodocrosita Block In Santos Basin
BRIEF-Galp In Consortium With Equinor Win Rodocrosita Block In Santos Basin Oct 8 (Reuters) - Galp Energia SGPS SA GALP.LS:
SAID ON WEDNESDAY, IT WON RODOCROSITA BLOCK ADJACENT TO BACALHAU IN ANP AUCTION
PROJECT IN CONSORTIUM WITH EQUINOR AS OPERATOR WITH 70% AND GALP WITH 30% INTEREST
BLOCK BID WON VIA PROFIT OIL SUBMISSION
AWARD SECURES OPTION TO EXPLORE POTENTIAL BACALHAU SYNERGIES
GROSS SIGNATURE BONUS FOR BLOCKS IS R$20.8 MILLION, ABOUT$4.1 MILLION
Source text
Further company coverage: GALP.LS
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
Recent news on Equinor ASA
See all newsBrief: Equinor: Aibel Gets Contract For Vessel Topsides
UK-listed North Sea-focused oil producers rise after Jackdaw gas field approval
UK approves long-delayed Jackdaw gas field on energy security grounds (updated)
UK approves long-delayed Jackdaw gas field
EU still committed to keeping oil, coal and gas in ground in Arctic, new strategy says