Acabou! Shell destrói nos leilões do pré-sal e agora se tornou uma das maiores petroleiras do Brasil

It’s Over! Shell Dominates Pre-Salt Auctions and Now Became One of Brazil’s Largest Oil Companies

Written by Paulo Nogueira

Published on 27/10/2017 at 14:05

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Other Oil Giants Auctioned 6 Areas, With Petrobras and Shell Leading the Bidding, Taking Brazil to a New Era!

[supsystic-social-sharing id=’1′]The government raised R$ 6.15 billion in signing bonuses (the amount paid upon signing the concession contract) from the auctions of the 2nd and 3rd rounds of the pre-salt, the ANP (National Agency of Petroleum, Natural Gas and Biofuels) reported. The forecast was to raise R$ 7.75 billion. Of the eight areas offered for oil and natural gas exploration and production in this Friday’s (27) auctions, two received no bids. Check out the companies that won each area:

South of Gato do Mato: Shell and Total
Surrounding Sapinhoá: Petrobras, Repsol Sinopec, and Shell
North of Carcará: Exxon Mobil, Statoil, and Petrogal
Peroba: Petrobras, BP, and CNODC
High of Cabo Frio West: Shell, CNODC, and QPI
High of Cabo Frio Central: Petrobras and BP
Southwest of Tartaruga Verde: no bids
Pau Brasil: no bid

The ANP predicted that the eight blocks would generate US$ 36 billion in investments (equivalent to about R$ 120 billion), in addition to around US$ 130 billion in royalties, profit oil, and income tax resulting from the development phase of reserves estimated at over 4.5 billion barrels of oil – more than one-third of the country’s proven reserves.

Auction Started Late

The auction, scheduled to start at 9 AM, only began two and a half hours late. This was because, on Thursday night (26), the Federal Court of Amazonas suspended the two pre-salt auctions via a decision (preliminary ruling).

ARTICLE CONTINUES BELOW

Shell Celebrates Victory

The auction result was considered excellent by Shell’s CEO in Brazil, André Araújo, who celebrated the fact that the company is operating in two areas.

According to him, Shell’s bids in the pre-salt solidify the company’s position in Brazil. The Anglo-Dutch company won in three areas. “Our participation was superlative, I am extremely happy, and we will be operators in two blocks, which is extremely important for us,” he told reporters.

New Rules

The last auction of pre-salt areas took place in 2013, with the bidding for the Libra area. At that time, Petrobras was legally required to be the sole operator of pre-salt fields, with at least a 30% stake in the winning consortium, and was the only company responsible for conducting and executing all exploration, evaluation, development, and production activities, directly or indirectly.

With the changes made by the government to the pre-salt regulatory framework last year, Petrobras is no longer required to act as the sole operator in these areas. However, the new law maintained the state-owned company’s right of preference to acquire at least a 30% stake in the consortia and the possibility to conduct its operations.

Additionally, the extension of Repetro (Special Taxation Regime for the Oil Chain) is also considered fundamental for the recovery of the country’s oil industry. Added to this are conjunctural economic factors, such as low inflation and falling interest rates.

In this scenario, the auction attracted the attention of oil giants worldwide. Among the 16 companies authorized by the ANP to participate in the auction were the American Exxon/Mobil and Chevron, the Spanish Repsol, the British Shell, the French Total, the Norwegian Statoil, and the Chinese Cnooc and CNPC.

In sharing auctions, the company that offers the state, starting from a fixed minimum percentage, the largest share of oil and natural gas after deducting the production cost, known as profit oil, wins. “The offers will be evaluated and ranked according to the descending order of the surplus oil for the Union, with the bidder offering the highest percentage for the Union being declared the winner,” the ANP reported.

14th Round

With less attractive options compared to the rounds on Friday, the 14th Round of exploratory block auctions, held at the end of last month, raised R$ 3.84 billion in signing bonuses – the highest in the history of the auctions, with an average premium of 1,556.05%.

However, only 37 of the 287 blocks offered were auctioned off, distributed across 16 sectors of eight sedimentary basins: Parnaíba, Potiguar, Santos, Recôncavo, Paraná, Espírito Santo, Sergipe-Alagoas, and Campos. Source: Uol

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It’s Over! Shell Dominates Pre-Salt Auctions and Now Became One of Brazil’s Largest Oil Companies

Other Oil Giants Auctioned 6 Areas, With Petrobras and Shell Leading the Bidding, Taking Brazil to a New Era!

Auction Started Late

Shell Celebrates Victory

New Rules

14th Round

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It’s Over! Shell Dominates Pre-Salt Auctions and Now Became One of Brazil’s Largest Oil Companies

Other Oil Giants Auctioned 6 Areas, With Petrobras and Shell Leading the Bidding, Taking Brazil to a New Era!

Auction Started Late

Shell Celebrates Victory

New Rules

14th Round

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Desert sand, previously discarded for being too smooth for concrete, becomes an ecological brick in the United Arab Emirates, dispensing with Portland cement, curing at room temperature, and attempting to transform dunes useless for construction into raw material for a new arid engineering.

He transformed an abandoned plastic water tank into an underground house in the “hobbit hole” style, using only repurposed pallet wood, without heavy machinery or expensive labor.

China transforms desert-devastated area into the world’s largest artificial forest, planting trees for 60 years, blocking sand that reached Beijing, and creating a “green lung” of 92,000 hectares in a region once considered lost.

Toyota launches “family hybrid van” with 7 or 8 seats, 1.8 hybrid engine, fuel consumption of up to 23.8 km/l, and a price equivalent to about R$ 104,000 without taxes, below the Tiggo 8 Pro Plug-in Hybrid sold in Brazil: meet the Noah Hybrid 2026 in Japan.

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