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 ten deepwater projects. There were three fields acquired in 1998 and one block in 2013. Six other blocks were acquired in 2018. Frade Field (51.74%), Papa-Terra Field (37.5%), Maromba Field (30% ) and blocks CM-791 (40%), CM-821 (40%) and CM-823 (40%) are located in the Campos basin. The block CE-M-715 (50%) is in the Ceará basin. The other blocks - S-M-764 (40%), Três Marias (30%) and Saturno (50%) - are located in the Santos basin.
For the latest figures, see the2017 Supplement to the Annual Report.
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.