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  • Qatar Petroleum and partners win bids for 4 exploration blocks offshore Brazil
    édité le 30/03/2018 - Plus de news de "Qatar Petroleum" - Voir la fiche entreprise de "Qatar Petroleum"

Qatar Petroleum and partners win bids for 4 exploration blocks offshore Brazil
Qatar Petroleum has won exploration rights in 4 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 today in Rio de Janeiro. Competing bids were submitted to the ANP and the winners were announced throughout the course of public session.

The exploration blocks were offered as part of the Brazil Exploration Bid Round 15, which covered 70 blocks across a wide range of geological basins of which the key areas of interest to QP were the proven, prolific Santos and Campos basins.

Qatar Petroleum won the exploration rights for blocks 789 and 753 in the Campos basin as part of a consortium comprising affiliates of ExxonMobil (Operator with a 40% interest), Petrobras (30% interest), and Qatar Petroleum (30% interest).

Qatar Petroleum also won the exploration rights for blocks 536 and 647 in the Santos basin as part of a consortium comprising affiliates of ExxonMobil (Operator with a 64% interest), and Qatar Petroleum (36% interest).

Commenting on these results, Mr. Saad Sherida Al-Kaabi, the President & CEO of Qatar Petroleum, said: “We are pleased with the outcome of the bid round, which has enabled an expansion of our footprint in Brazil, in one of the most prospective basins in the world. This successful result is the second in six months, and constitutes an important achievement in executing our strategy of creating a large scale, value-adding international portfolio, while pursuing Latin America as an important core area for Qatar Petroleum."

"I would like to take this opportunity to thank the Brazilian authorities for promoting a transparent and efficient process, and our consortia partners Petrobras and ExxonMobil for excellent collaboration on this opportunity. We look forward to working with our partners to create long-term, sustainable economic value for the project stakeholders,” Mr. Al-Kaabi concluded.

The relevant legal agreements, including the concession agreements, are expected to be signed between the Brazilian authorities and the consortia members by November this year.

This is the second winning Qatar Petroleum bid in Brazil. In October 2017, Qatar Petroleum was part of a winning consortium with Shell, and China National Offshore Oil Corporation for exploration in the Alto de Cabo Frio-Oeste block in the prolific Santos hydrocarbon basin offshore Brazil. The block was offered as part of Brazil's 3rd production sharing bidding round, which covered 4 blocks located in the "pre-salt polygon" region in the Santos and Campos basins: Pau Brasil, Peroba, Alto de Cabo Frio-Oeste, and Alto de Cabo Frio-Central.​

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 ExxonMobil

ExxonMobil, the largest publicly traded international oil and gas company, uses technology and innovation to help meet the world’s growing energy needs. ExxonMobil holds an industry-leading inventory of resources, is one of the largest refiners and marketers of petroleum products, and its chemical company is one of the largest in the world.

About Petrobras

We have upwards of 100 production platforms, 16 refineries, 30,000 kilometers of pipelines and more than 6,000 service stations. Our proved reserves are around 14 billion barrels of oil, a figure expected to double in the next few years. With the discovery of oil and gas in the pre-salt region, Brazil may become the world's fourth biggest oil producer in 2030.

We have built a track record of overcoming challenges since 1953, when the company was created. The main one was developing technology to explore and produce oil in deep and ultra-deep waters, where upwards of 90% of our reserves are nestled. With innovation and daringness, we are now the Brazilian company that makes the applies for the most patents in Brazil and abroad.

Origine : Communiqué Qatar Petroleum

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