Qatar Petroleum has won exploration rights in three offshore blocks in Brazil, as part of two bidding consortia.

The winning bids were announced by Brazil’s National Agency of Petroleum, Natural Gas, and Biofuels (ANP) at a public bidding session held in Rio de Janeiro. Competing bids were submitted to the ANP and the winners were announced throughout the course of today’s public session.

Qatar Petroleum won the exploration rights for block [541] in the Campos basin as part of a consortium comprising affiliates of Total (Operator with a 40% interest), Qatar Petroleum (40% interest), and Petronas (20%).

Qatar Petroleum also won the exploration rights for blocks [659 and 713] in the Campos basin as part of a consortium comprising affiliates of Shell (Operator with a 40% interest), Chevron (35% interest), and Qatar Petroleum (25% interest).

Commenting on these results, His Excellency Mr. Saad Sherida Al-Kaabi, the President & CEO of Qatar Petroleum, said: “We are pleased to have won these offshore exploration blocks. This successful result is the fourth of its kind, which further strengthen Qatar Petroleum’s footprint in Brazil, marking yet another successful step towards realizing our international growth strategy, and turning Brazil into a cornerstone of our international portfolio.”

His Excellency added "I would like to take this opportunity to thank the Brazilian authorities for their transparent and efficient tender process, and all our partners for their excellent cooperation in achieving this result.”

About Qatar Petroleum

Qatar Petroleum (QP) is a state-owned corporation established by Decree Law No. 10 in 1974. It is responsible for all phases of the oil and gas industry in the State of Qatar.
The principal activities of QP, its subsidiaries and joint ventures are the exploration, production, local and international sale of crude oil, natural gas and gas liquids, liquefied natural gas, refined products, synthetic fuels, petrochemicals, fuel additives, fertilizers, steel and aluminium.
The operations and activities of QP and its affiliates are conducted at various onshore locations, including Doha, Dukhan and the Mesaieed and Ras Laffan Industrial Cities, as well as offshore areas, including Halul Island, offshore production stations, drilling platforms and the North Field.

About Total

Total is a major energy player, which produces and markets fuels, natural gas and low-carbon electricity. Our 100,000 employees are committed to better energy that is safer, more affordable, cleaner and accessible to as many people as possible. Active in more than 130 countries, our ambition is to become the responsible energy major.

About Petronas

With over 35 years of experience, PETRONAS is recognised with a sterling reputation as a reliable LNG supplier and solutions provider. Operating from its main supply base (PETRONAS LNG Complex) in Bintulu, Sarawak. PETRONAS LNG Complex is one of the world’s largest LNG complexes on a single site. The nine-train facility has a combined annual production capacity of about 30 million tonnes. In addition, PETRONAS has also diversified its LNG supply portfolio in recent years with the inclusion of Australia’s Gladstone LNG and the world’s first floating LNG facility located offshore Sarawak.