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
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