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Shell consortium, Petronas win oil blocks off Brazilian coast

Thu, 10th Oct 2019 14:19

RIO DE JANEIRO, Oct 10 (Reuters) - A consortium of Royal
Dutch Shell Plc, Chevron Corp and Qatar
Petroleum won oil exploration and production rights in the
C-M-713 block off the coast of Brazil on Thursday, paying the
government a signing bonus of roughly 551 million reais ($133
million).

Shortly before, Petronas won a separate offshore block,
C-M-661, with a signing bonus of roughly 1.116 billion reais.

($1 = 4.13 reais)
(Reporting by Gram Slattery, Marta Noguiera and Rodrigo Viga
Gaier, editing by Deepa Babington)

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