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

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

- 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;))

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