Brazil's Petrobras secures 12 blocks auctioned in Campos basin for $592 million

Petroleo Brasileiro SA Petrobras

07/10/2026 21:07

RIO DE JANEIRO, Oct 7 (Reuters) - Brazilian state-run oil firm Petrobras PETR3.SA won 12 exploration blocks in Campos basin in an auction held by oil regulator ANP on Wednesday, offering a total of around 2.97 billion reais ($592.14 million) in signature bonuses.
In five of the blocks, Petrobras prevailed over a consortium formed by TotalEnergies TTEF.PA and QatarEnergy [RIC:RIC:QATPE.UL]
The concession-based auction called for the offering of more than 300 blocks in several Brazilian basins
ANP said 49 blocks were awarded, raising some 3 billion reais with the transactions
Earlier on Wednesday, the regulator auctioned seven pre-salt oil blocks, raising a total 530.47 million reais
($1 = 5.0157 reais)

 (Reporting by Marta Nogueira; Writing by Fernando Cardoso; Editing by Andre Romani)
 ((fernando.cardoso@thomsonreuters.com;))