Shell Acquired Offshore Oil Block in Campos Basin This Morning (December 4)

Written by Flavia Marinho

Published on 04/12/2020 at 12:26

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Shell Acquired First-Hand the Offshore Block C-M-757 in the Campos Basin. The Oil Company Disbursed R$ 12.05 Million for the Area.

The ANP is holding on this Friday (12/4) the public session of the 2nd Cycle of the Permanent Offering of oil and natural gas exploration areas, and Shell was the first company to win an offshore field in the auction. Also at today’s auction, Eneva and Enauta won 4 onshore oil blocks in the Paraná Basin for R$ 2.1 million

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Being the only one to place bids for the offshore block, Shell acquired first-hand the block C-M-757 in the Campos Basin. The oil company disbursed R$ 12.05 million for the area.

Available areas in the Espírito Santo and Santos basins did not receive any bids. In total, 63 companies are registered for the permanent offering.

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About the Permanent Offering – ANP

Bids for exploratory blocks offered in the Permanent Offering consist of the sum of the signing bonus (weight of 80%) and the Minimum Exploratory Program (weight of 20%).

Due to the COVID-19 pandemic, the event will be hybrid: the public session for presenting bids will be in-person, with a reduced number of attendees, and the session will also be streamed online.

There will be 14 sectors of exploratory blocks from nine basins (Santos, Espírito Santo, Campos, Paraná, Amazonas, Recôncavo, Sergipe-Alagoas, Potiguar, and Tucano), as well as two sectors of areas with marginal accumulations from the Solimões and Recôncavo basins.

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Shell Acquired Offshore Oil Block in Campos Basin This Morning (December 4)

Shell Acquired First-Hand the Offshore Block C-M-757 in the Campos Basin. The Oil Company Disbursed R$ 12.05 Million for the Area.

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About the Permanent Offering – ANP

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Shell Acquired Offshore Oil Block in Campos Basin This Morning (December 4)

Shell Acquired First-Hand the Offshore Block C-M-757 in the Campos Basin. The Oil Company Disbursed R$ 12.05 Million for the Area.

Read Also

About the Permanent Offering – ANP

Aveva Announces Signing of Agreement with Shell to Accelerate Digital Transformation Strategy with the Implementation of Cloud Software Solutions

Seen from space, an image taken by an astronaut shows an unlikely oasis in the Saudi Arabian desert, protected by a terrain that slows the advance of sand, surrounded by green circles, remnants of an extinct lake and nearly 10,000 years of preserved history.

While the U.S. still faces limitations in deep space, China is developing unprecedented technology with strategic satellites that maintain communication with the far side of the Moon and aims for dominance by 2030.

With 7.4 trillion tons of artificial snow pumped in 10 years, an extreme operation could stabilize the West Antarctic ice sheet and prevent a sea level rise of more than 3 meters, but it would require snow cannons, ocean water, and energy on an almost industrial scale at the end of the world.

The Blood Falls of Antarctica hide a living ecosystem trapped under the ice for over 2 million years, where microbes survive without light, without oxygen, and without ever having seen the Sun.

In the Saudi Arabian desert, the world’s largest green hydrogen plant is 80% complete and will use 4 gigawatts of solar and wind energy to produce 600 tons of clean fuel per day when it opens in 2027.

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Rio could lose up to R$ 21 billion per year due to the STF’s decision on oil royalties, and the impact could affect the economy, tourism, and services.

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