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Oil auctions have begun: the future of the sector will be decided today

27 from 2017 from September to 06: 06
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32 companies are in a fierce fight right now at the Windsor Hotel. The future of Brazilian oil and gas starts today.

32 companies are in a fierce fight right now at the Windsor Hotel for the 14th oil auction. The future for economics and industry professionals will be decided.

[supsystic-social-sharing id='1′]The social media industry oil in Brazil, a historic milestone is beginning today through the worst financial crisis in Brazil of all time, the resumption of the fossil fuel sector. At this present moment at the Hotel Windsor(RJ), the 14th bidding round for an oil exploration block is taking place. There are a multitude of businessmen representing 32 major operating companies. On the 21st of last week, people from the sector were already talking to each other and making pre-agreements about the auctions.

Of all the companies that are participating, eight of them do not have any type of enterprise in Brazil and eighteen are from abroad. Among the big ones in the fight are Petrobras, Total, BP and Shell, but these are not very interested in smaller blocks, these will be more disputed by small and medium-sized companies. It is worth mentioning that half of the companies that are bidding are specialists in onshore wells around the world, so the onshore blocks will have a very fierce fight here as well. Below, check out the list of companies participating in this auction:

1) Greenconsult Consultoria Empresarial LTDA – EPP – Brazil (first time)

2) Petrogal Brasil SA – Portugal

3) Petroil Oil and Gas LTDA - Brazil

4) Petrorecôncavo SA – Brazil

5) Alvopetro S/A Oil and Natural Gas Extraction – Brazil

6) Bertek Produtos, Serviços e Mineração LTDA – Brazil (first time)

7) Capricorn Brasil Petróleo e Gás LTDA – India (first time in Brazil)

8) Gran Tierra Energy Brasil LTDA – Canada

9) Parnaíba Gás Natural SA – Brazil

10) Rosneft Brasil E&P LTDA – Russia

11) TEK Oil and Gas Ltd - China

12) CNOOC Petroleum Brasil LTDA – China

13) Great Energy SA – Brazil

14) Imetame Energia LTDA – Brazil

15) Murphy Exploration & Production Company – United States (first time in Brazil)

16) Petro-Victory Energia LTDA – Brazil (first time)

17) Phoenix Empreendimentos LTDA – Brazil

18) Queiroz Galvão Exploração e Produção SA – Brazil

19) BP Energy do Brasil LTDA – United Kingdom

20) DEA Deutsche Erdoel AG – Germany (first time in Brazil)

21) Exxonmobil Exploração Brasil LTDA – United States

22) Geopark Brasil Exploration and Production of Oil and Gas LTDA – Bermuda

23) Karoon Petróleo e Gás LTDA – Australia

24) Muncks & Reboques Brasil LTDA – Brazil

25) Petróleo Brasileiro SA (Petrobrás) – Brazil

26) Petronas Carigali SDN BHD – Malaysia (first time in Brazil)

27) PTTEP Brasil Investimentos em Exploração e Produção de Petróleo e Gas LTDA – Thailand

28) Repsol Exploración S/A – Spain

29) Shell Brasil Petróleo LTDA – United Kingdom

30) Total E&P do Brasil LTDA – France

31) Vipetro Petróleo SA – Brazil

32) Wintershall do Brasil Serviços LTDA – Germany (first time in Brazil) [supsystic-social-sharing id='1′]

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