Results of the 5th ANP Production Sharing Bid Round

September 28, 2018

The ANP held, on September 28, 2018, in the city of Rio de Janeiro, the public session for the presentation of offers of the 5th Round of Bids for Production Sharing.

The round was aimed at granting production-sharing contracts for the exploration and production of oil and natural gas in the Saturn, Titan, Pau-Brasil and Sudoeste de Tartaruga Verde blocks.

All blocks were sold. The premium of the percentage of surplus oil offered to the Federal Government was 170.58%, the signing bonus of R $ 6.82 billion and the forecast of investments in the order of R $ 1 billion.

See the result of the public offer session below:

Saturn Block (Santos Basin):

Consortium: Shell Brasil (50%) and Chevron Brasil (50%).

Percentage of surplus in oil: 70.2%

Signature bonus: R $ 3.125 billion.


Titan Block (Santos Basin):

Consortium: Exxon Brasil (64%) and QPI Brasil (36%).

Percentage of surplus in oil: 23.49%

Signature bonus: R $ 3.125 billion.


Pau-Brazil Block (Santos Basin):

Consortium: BP Energy (50%), CNOOC Petroleum (30%) and Ecopetrol (20%).

Percentage of surplus in oil: 63.79%

Signature Bonus: R $ 500 million.


Sudoeste de Tartaruga Verde Block (Campos Basin)

Winner: Petrobras (100%) *

Percentage of surplus in oil: 10.01%

Signature bonus: R $ 70 million.


* Petrobras was the only one bidding on the block.


Source: ANP.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.