The contracts signed by Shell and Ecopetrol Oil and Gas are from the 17th Bidding Round on October 7 last year
This Monday, the 28th, contracts were signed between Shell and Ecopetrol Oil and Gas for 5 exploratory oil blocks, the winner of the 17th Bidding Round. The information was released by the ANP.
The forecast is that the investments to be made by the winning companies in the oil and gas sector will amount to at least R$ 136 million. In addition, a total of BRL 37 million was raised in signing bonuses.
According to the ANP, Shell Brasil Petróleo and Ecopetrol Oil and Gas, as the winning companies, will obtain, individually or in a consortium, the rights to explore and produce natural gas and oil in blocks SM-1707, SM-1709, SM-1715, SM-1717 and SM-1719.
According to Broadcast, this auction was the last in the traditional rules of the ANP bidding under the concession regime, which now starts bidding the oil and natural gas in Brazil according to the demand of the interested parties. “The areas can be chosen in the area in the Permanent Offer of the ANP, a kind of database that can be accessed by sector agents.” Inform the website.
On April 13, the 3rd Permanent Offer Cycle should take place, in which 14 sectors located in 7 basins under the concession regime will be offered, namely:
- Holy Spirit;
- pellets;
- Potiguar;
- Recave;
- Saints;
- Sergipe-Alagoas;
- Toucan.
About Shell Brasil Petróleo
Shell has been in Brazil since 1913 with the aim of meeting the energy demands of its customers, acting responsibly for the economy, society and the environment. Shell has 900 employees in Brazil alone, with its headquarters located in the center of Rio de Janeiro and a manufacturing unit in Ilha do Governador.
Shell Brasil was the first private company to produce oil on a commercial scale in the country, in the Campos Basin, after the opening of the market. In Águas Profundas, Shell has 31 contracts with the Brazilian government, being operators in 21 of these projects. Shell Brasil is present in the Campos, Santos, Barreirinhas and Potiguar Basins, with participation in 21 exploratory blocks in the country.
About Ecopetrol Oil and Gas
Ecopetrol is the largest oil company in Colombia, it was founded in 1921 as Tropical Oil Company and on August 25, 1951 it had its name changed to Ecopetrol.
Experiencing its expansion and internationalization, on December 12, 2006, the business group created Ecopetrol Oil and Gas do Brasil Ltda, with the aim of seeking investment opportunities in the country. Since then, the company has been employing efforts in several projects.
In the 11th Bidding Round of the National Agency of Petroleum, Natural Gas and Biofuels (ANP), in May 2013, Ecopetrol obtained two offshore blocks, whose concession it currently holds.
Companies in the oil and gas sector, Ocyan and Petrobras close a R$ 900 million contract
Since 2018, Ocyan, formerly Odebrecht Oléo e Gás, has resumed negotiating with Petrobras. In 2021, oil and gas companies got closer through a contract worth tens of millions of reais. This year, Ocyan will begin to integrate itself into the subsea decommissioning sector, that is, Ocyan will act in the dismantling of subsea equipment. To learn more, check out this article in full by clicking here.
