press release Chevron Brasil signs the contracts for blocks of the 16th Bidding Round
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:
|
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.