our businesses

helping meet Brazil's energy demand

Chevron has been responsibly partnering with Brazil to develop its abundant energy resources for more than 100 years. Our business portfolio in the country includes both upstream and downstream activities.

In upstream, our company holds interests in 11 deepwater projects - six of them were acquired in 2018 and other five blocks were acquired in 2019. The blocks C-M-791 (40%), C-M-821 (40%), C-M-823 (40%), C-M-845 (40%), C-M-825 (40%), C-M-713 (35%) and C-M-659 (35%) are located in the Campos basin, in Rio de Janeiro. The blocks S-M-764 (40%), Três Marias (30%) Saturno (45%) and S-M-766 (40%) are located in the Santos basin, in São Paulo.

In downstream, Chevron owns and operates an Oronite facility that develops, manufactures and markets performance-enhancing additives for lubricating oils and fuels. Oronite products combine innovative technology and the latest research to help maximize the reliability, efficiency and life of engines. The result is fewer emissions and less impact on the environment.

upstream portfolio

Basin	Field¹/Block²	Consortium and Interest	Date of Acquisition
Santos	S-M-764²	*Chevron Brasil (40%)** Repsol Exploração Brasil (40%) Wintershall Dea do Brasil(20%)	2018 – 15^thBid Round
Campos	C-M-791²	Shell Brasil* (40%) Chevron Brasil (40%) Petrogal Brasil (20%)	2018 – 15^thBid Round
Campos	C-M-821²	Repsol Exploração Brasil (40%) Chevron Brasil* (40%) Wintershall Dea do Brasil(20%)	2018 – 15^thBid Round
Campos	C-M-823²	Repsol Exploração Brasil (40%) Chevron Brasil* (40%) Wintershall Dea do Brasil(20%)	2018 – 15^thBid Round
Santos	Três Marias²	Petrobras* (30%) Chevron Brasil (30%) Shell Brasil (40%)	2018 –4^th Production SharingBid Round
Santos	Saturno	Shell Brasil* (45%) Chevron Brasil (45%) Ecopetrol (10%)	2018 – 5th Production Sharing Bid Round
Santos	S-M-766	*Chevron Brasil (40%)** Repsol Exploração Brasil (40%) Wintershall Dea do Brasil (20%)	2019 - 16th Bid Round
Campos	C-M-845	*Chevron Brasil (40%)** Repsol Exploração Brasil (40%) Wintershall Dea do Brasil (20%)	2019 - 16th Bid Round
Campos	C-M-825	Repsol Exploração Brasil* (60%) Chevron Brasil (40%)	2019 - 16th Bid Round
Campos	C-M-713	Shell Brasil* (40%) ChevronBrasil (35%) Qatar Petroleum(25%)	2019 - 16th Bid Round
Campos	C-M-659	Shell Brasil* (40%) ChevronBrasil (35%) Qatar Petroleum(25%)	2019 - 16th Bid Round