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
10 Dec 2021 12:17

LONDON MARKET MIDDAY: Stocks lower ahead of key US inflation report

LONDON MARKET MIDDAY: Stocks lower ahead of key US inflation report

Read more
10 Dec 2021 10:41

Shell shareholders vote for move to Britain -preliminary results

AMSTERDAM, Dec 10 (Reuters) - In a preliminary result, Royal Dutch Shell shareholders on Friday voted in favour of a plan to move the company's headquarters and its tax home to Britain.Chairman Andrew Mackenzie announced the preliminary results, ...

Read more
10 Dec 2021 10:17

Siccar Point CEO says Cambo oilfield project paused after Shell exit

LONDON, Dec 10 (Reuters) - Siccar Point CEO Jonathan Roger said on Friday that Royal Dutch Shell's decision last week not to progress the Cambo oilfield project in the British North Sea means the development will have to be paused.Siccar, which ow...

Read more
10 Dec 2021 10:08

UPDATE 1-Royal Dutch Shell shareholders expected to approve move to London

* If approved, Shell's move expected in early 2022* British tax base seen making buybacks, dividends easier* Dutch withholding tax a factor in Shell's decision* Shell says move will not affect its environmental policy (Updates with colour from meeti...

Read more
10 Dec 2021 00:25

UPDATE 2-Royal Dutch Shell shareholders back plan to shift to London

* British tax base seen making buybacks, dividends easier* Dutch withholding tax a factor in Shell's decision* Shell says move will not affect its environmental policy (Recasts with shareholder vote)By Toby Sterling and Ron BoussoROTTERDAM/LONDON, D...

Read more
9 Dec 2021 13:37

S.Africa energy minister defends Shell's planned seismic blasting on Wild Coast

* S.Africans protest against oil search in pristine stretch* Area home to whales, penguins, dolphins, seals* Objectors want Africa to stay poor, Gwede Mantashe saysBy Tim CocksJOHANNESBURG, Dec 9 (Reuters) - South Africa's energy minister defended o...

Read more
9 Dec 2021 10:10

UPDATE 2-European shares fall again on Omicron worries

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* Deutsche Bank skids after DoJ violation report* Defensive sectors cap losses* Investors eye U.S. CPI data due Friday (Updates to close)By ...

Read more
6 Dec 2021 16:58

LONDON MARKET CLOSE: Airlines lift off as Omicron fears ease

LONDON MARKET CLOSE: Airlines lift off as Omicron fears ease

Read more
6 Dec 2021 12:16

LONDON MARKET MIDDAY: Stocks rise as Fauci helps soothe Omicron fear

LONDON MARKET MIDDAY: Stocks rise as Fauci helps soothe Omicron fear

Read more
6 Dec 2021 12:13

UPDATE 4-BP says Brent benchmark reform should include U.S. oil, dump Brent

(Adds background)By Julia PayneLONDON, Dec 6 (Reuters) - BP supports the addition of U.S. oil crude grade WTI Midland to global dated Brent, suggesting the removal in the medium-term of Brent and Forties grades from the benchmark as flows have eva...

Read more
5 Dec 2021 13:57

S.Africans protest against Shell oil exploration in pristine coastal area

By Siyabonga SishiPORT EDWARD, South Africa, Dec 5 (Reuters) - South Africans took to their beaches on Sunday to protest against plans by Royal Dutch Shell to do seimsic oil exploration they say will threaten marine wildlife such as whales, dolphi...

Read more
3 Dec 2021 16:05

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

Read more
3 Dec 2021 14:31

Nigeria's Bonga oil export terminal in maintenance until next week - Shell

LONDON, Dec 3 (Reuters) - Nigeria's Bonga crude oil export terminal is undergoing planned maintenance until next week, operator Shell said on Friday.Bonga is typically one of the larger export streams from Africa's largest oil producer. It was sch...

Read more
3 Dec 2021 12:06

LONDON MARKET MIDDAY: Jitters turn from Omicron to US nonfarm payrolls

LONDON MARKET MIDDAY: Jitters turn from Omicron to US nonfarm payrolls

Read more
3 Dec 2021 10:19

Shell wins court case to start seismic surveys offshore South Africa

CAPE TOWN, Dec 3 (Reuters) - A South African high court on Friday struck down an urgent application brought by environmentalists to stop oil major Royal Dutch Shell starting seismic surveys to explore for petroleum systems off the eastern seaboar...

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.