Chevron Brazil confirms that today it has signed the concession agreements for the blocks acquired in the 16th Bid Round on October 10, 2019. The blocks are as follows:
press release Chevron Brasil signs the contracts for blocks of the 16th Bidding Round
|
Basin |
Block |
Partnership |
|
Santos |
S-M-766 |
Chevron Brasil* (40%) Repsol (40%) Wintershall Dea (20%) |
|
Campos |
C-M-845 |
Chevron Brasil* (40%) Repsol (40%) Wintershall Dea (20%) |
|
Campos |
C-M-825 |
Chevron Brasil (40%) Repsol* (40%) |
|
Campos |
C-M-713 |
Chevron Brasil (35%) Shell* (40%) Qatar Petroleum (25%) |
|
Campos |
C-M-659 |
Chevron Brasil (35%) Shell* (40%) Qatar Petroleum (25%) |
* Operator
We are pleased to add these five exploration blocks to our portfolio in Brazil, in partnership with Shell, QPI, Repsol and Wintershall Dea.
Brazil pre-salt world-class resources play an important role in Chevron’s global upstream strategy. Our leading operational and technical expertise in deepwater development will contribute to the growth of pre-salt production in Brazil.
Brazil pre-salt world-class resources play an important role in Chevron’s global upstream strategy. Our leading operational and technical expertise in deepwater development will contribute to the growth of pre-salt production in Brazil.