The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRDSA.L Share News (RDSA)

  • There is currently no data for RDSA

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Brazil approves 13 companies to bid in November oil auction

Thu, 03rd Oct 2019 17:03

RIO DE JANEIRO, Oct 3 (Reuters) - Thirteen companies have
been approved by Brazilian authorities to participate in a
November oil bidding round for offshore exploration and
production rights.

The companies were cleared to participate in the so-called
6th pre-salt bidding round, according to Thursday's edition of
the government's official bulletin. Total signing bonuses are
fixed at 7.85 billion reais ($1.92 billion).

The auction, scheduled for Nov. 7, is sizable by historical
standards but significantly smaller than a so-called
transfer-of-rights auction due to take place a day earlier. The
government is expected to collect over $25 billion in signing
bonuses at the Nov. 6 auction.

The list of participants on Nov. 7 is similar to those in
the transfer-of-rights round. Two companies are participating in
the 6th pre-salt round, but not the transfer-of-rights round:
the Brazilian unit of Murphy Oil Corp and Repsol Sinopec
Brasil SA, a joint venture between Spain's Repsol SA
and China's Sinopec.

Companies signed up for the transfer-of-rights that are not
included in the sixth round are the Brazilian units of France's
Total SA, Portugal's Galp Energia SGPS SA
and Norway's Equinor ASA.

However, in a Twitter post on Thursday, Brazil's ANP oil
regulator said four more companies had applied to participate in
the pre-salt round. ANP said it would evaluate the requests on
Oct. 14.

Companies already approved for the pre-salt round include:

-BP Energy do Brasil Ltda, a unit of BP PLC

-Chevron Brasil Oleo e Gas Ltda, a unit of Chevron Corp

-CNODC Brasil Petroleo e Gas Ltda, an indirect unit of China
National Petroleum Corp Ltd, or CNPC

-CNOOC Petroleum Brasil Ltda, a unit of China National
Offshore Oil Corp (CNOOC)

-Ecopetrol Oleo e Gas do Brasil Ltda, a unit of Colombia's
Ecopetrol SA

-Exxonmobil Exploracao Brasil Ltda, a unit of Exxon Mobil
Corp

-Murphy Exploration & Production Co, a unit of Murphy Oil

-Petroleo Brasileiro SA, or Petrobras

-Petronas Petroleo Brasil Ltda, a unit of Petronas

-QPI Brasil Petroleo Ltda, a unit of Qatar Petroleum

-Repsol Sinopec Brasil

-Shell Brasil Petroleo Ltda, a unit of Royal Dutch Shell PLC

-Wintershall Dea do Brasil Exploracao e Producao, a unit of
Wintershall Dea GmbH

($1 = 4.09 reais)
(Reporting by Gram Slattery and Marta Nogueira; Editing by Tom
Brown)

More News
3 Dec 2021 09:44

LONDON BROKER RATINGS: Jefferies ups SSE, AJ Bell; Deutsche likes BP

LONDON BROKER RATINGS: Jefferies ups SSE, AJ Bell; Deutsche likes BP

Read more
3 Dec 2021 08:43

LONDON MARKET OPEN: Stocks rebound on oil and travel; US jobs ahead

LONDON MARKET OPEN: Stocks rebound on oil and travel; US jobs ahead

Read more
2 Dec 2021 18:54

UPDATE 2-Shell scraps plans to develop Cambo North Sea oilfield

(Adds detail)By Ron Bousso and Shadia NasrallaLONDON, Dec 2 (Reuters) - Royal Dutch Shell said on Thursday it had scrapped plans to develop the Cambo oilfield in the British North Sea, which became a lightning rod for climate activists seeking to ...

Read more
2 Dec 2021 18:54

UPDATE 1-Shell scraps plans to develop Cambo North Sea oilfield

(Adds Siccar Point statement, background)LONDON, Dec 2 (Reuters) - Royal Dutch Shell said on Thursday it had scrapped plans to develop the Cambo North Sea oilfield, which became a lightning rod for climate activists seeking to halt Britain's devel...

Read more
2 Dec 2021 18:54

UPDATE 3-Shell scraps plans to develop Cambo North Sea oilfield

(Adds investor comment)By Ron Bousso and Shadia NasrallaLONDON, Dec 2 (Reuters) - Royal Dutch Shell said on Thursday it had scrapped plans to develop the Cambo oilfield in the British North Sea, which became a lightning rod for climate activists s...

Read more
2 Dec 2021 18:02

Shell and partner scrap plans to develop North Sea oilfield

LONDON, Dec 2 (Reuters) - Royal Dutch Shell and Siccar Point have decided not to go ahead with the development of the Cambo oilfield in the British North Sea due to a weak economic case, Shell said on Thursday."After comprehensive screening of the...

Read more
2 Dec 2021 17:05

LONDON MARKET CLOSE: Stocks fall as Omicron variant fears mount

LONDON MARKET CLOSE: Stocks fall as Omicron variant fears mount

Read more
2 Dec 2021 12:03

LONDON MARKET MIDDAY: Europe hit by Omicron but Wall Street to rebound

LONDON MARKET MIDDAY: Europe hit by Omicron but Wall Street to rebound

Read more
2 Dec 2021 10:08

UPDATE 2-European stocks fall as Omicron worries rattle investors

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* STOXX 600 gives back a chunk of Wednesdays gains* Apple suppliers hit by report on slowing demand* Vifor Pharma surges on takeover speculat...

Read more
2 Dec 2021 08:31

SSE and Equinor to proceed with $4 bln Dogger Bank C offshore wind farm

OSLO, Dec 2 (Reuters) - British utility SSE and Norwegian energy company Equinor have secured financing to proceed with the construction of the 3 billion pound ($3.98 billion) Dogger Bank C offshore wind farm in Britain, the companies said on Thu...

Read more
2 Dec 2021 07:03

Shell launches $1.5bn buyback from Permian sale

(Sharecast News) - Royal Dutch Shell has launched a $1.5bn share buyback as the first stage of returning cash to shareholders from the sale of its Permian business in the US.

Read more
1 Dec 2021 12:10

German oil lobby seeks net zero CO2 emissions by 2045

FRANKFURT, Dec 1 (Reuters) - Germany's oil industry will aim for net zero carbon emissions by 2045, moving away from fossil fuel to low carbon products such as biofuels and renewable energy-derived hydrogen, the industry's lobby group en2x said on...

Read more
1 Dec 2021 12:10

LONDON MARKET MIDDAY: IAG and Whitbread lead Omicron rebound

LONDON MARKET MIDDAY: IAG and Whitbread lead Omicron rebound

Read more
1 Dec 2021 08:54

LONDON MARKET OPEN: Omicron fears ease again but uncertainty lingers

LONDON MARKET OPEN: Omicron fears ease again but uncertainty lingers

Read more
30 Nov 2021 17:33

UPDATE 3-U.S. security review stalls sale of Shell Texas refinery to Mexico's Pemex

(Updates with comment from congressman critical of sale)By Erwin SebaHOUSTON, Nov 30 (Reuters) - A U.S. national security review has delayed the sale of Royal Dutch Shell's controlling interest in a Texas refinery to Mexico's national oil company, ...

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.