29 April 2024
Brazil ‘returns to oil and gas world stage’ as IOCs pile into pre-salt auction
Publication date: 30 October 2017
Gas Strategies Group
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ISSN: 0964-8496
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Top tier IOCs have piled into Brazil’s second and third offshore bidding rounds, grabbing six of the available eight pre-salt oil and gas blocks that should generate BRL 6.15 billion (USD 1.88 billion) in signature bonuses for the state.
Shell, BP, ExxonMobil, Total and Statoil were all among the winners. Shell won ...