European oil giants Statoil and Shell won four offshore blocks each in Brazil’s deep-water bid round held on Thursday. The round was historic in that it attracted the largest total signing bonus in Brazil’s history, R$8 billion – or 2.4 billion in U.S. dollars.
Shell’s Brazilian subsidiary, Shell Brasil Petroleo, won four deep-water exploration blocks in the Campos and Potiguar basins, bringing its total operated presence offshore Brazil to 18 blocks.
Brazil Energy Insight 
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