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:

comunicados à imprensa Chevron Brasil assina contratos dos blocos da 16ª Rodada de Licitações

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.