The French oil company Total will have about 6 months to hand over the offshore operations of Foz do Amazonas to another operator

Total said on Monday (07) that the blocks in question were the offshore blocks FZA-M-57 , FZA-M-86 , FZA-M-88 , FZA-M-125 e FZA-M-127 . According to the company, it communicated to its partners that it would relinquish the operation of these assets on August 19. The five blocks are located approximately 120 kilometers from the coast.

Total informed the National Agency of Petroleum, Natural Gas and Biofuels (ANP) about the decision, which opens a period of six months during which a new operator will be appointed and to whom the explored activities will be handed over.

During this period, Total must continue to monitor all regulatory processes on behalf of its partners Petrobras and BP. Learn more about Foz do Amazonas in a PDF file made available by the Federal Government here.

It is important to highlight that Total has been present in Brazil for over 40 years and has more than 3.000 employees in the country. The company operates in all segments – exploration and production, gas, renewable energies, lubricants, chemical products and distribution.

The total exploration and production portfolio currently includes 24 blocks, with 10 operated. In 2019, the group's production in the country averaged 16 barrels of oil per day.

In October 2019, a consortium led by Total won Block CM-541, located in the Campos Basin, in the 16th Bidding Round of the National Petroleum Agency (ANP).

In 2017, Total and Petrobras formed a strategic alliance which encompasses exploration and production and gas, renewable energy and power activities.

Through the alliance, the two groups are implementing R&D projects on topics such as artificial intelligence for efficiency gains, with direct application in Brazil.

The company entered the fuel distribution market in Brazil with the acquisition, in December 2018, of the distribution activities of Grupo Zema. It has a network of 280 service stations, in addition to several deposits of petroleum and ethanol products.