Shell, ExxonMobil, Chevron, BP Energy, Petrogal, Statoil are the new masters of Brazilian oil, check how much each one took to share

The pre-salt block auctions offered in the 4th round of bidding were successful and ended up reaching new milestones in oil exploration in Brazil. One of them was Petrobras' lack of purchasing power, which ended up losing two rounds, but due to its right of preference, it adopted the strategy of entering into a consortium with other multinational operators, opening the market to surprising indices. See below what these blocks were and how much each one took to share in the explorations.

Winning Companies and Auctioned Blocks

• Shell
• ExxonMobil
• BP Energy
• Petrogal
• Statoil
• Petrobras

Uirapuru Block – The companies that won this block were Petrogal (14%), Statoil (28%) and ExxonMobil (28%). As Petrobras was in one of the losing groups, it exercised its preemptive right and is the main operator with a 30% stake.

Two Brothers Block – Petrobras acquired 45% of this block, BP and Statoil are together with the state-owned company in the consortium for this acquisition. This was the least disputed and Petrobras led the bids.

Block Três Marias – Chevron and Shell led the bids, causing Petrobras to lose the dispute in the group it was in, and once again, the state-owned company had to manifest its preemptive right. Therefore, Petrobras has 30%, Chevron 30% and Shell 40% (main operator).

Itaimbezinho – It was the least attractive among all the blocks offered and ended up not receiving bids

Unions protested in the 4th round of pre-salt auctions

The category protested in front of the building where the event took place, claiming that this is yet another chapter in Petrobras' privatization plan. Despite the state-owned company having guaranteed stakes in the 3 disputed blocks, its participating percentages would be below reasonable. “The current management of Petrobras is selling to the international market an oil that will be needed in Brazil. The delivery of this reserve is condemning future generations not to be able to enjoy the richness of this natural resource that we discovered and hold here in the country”, explained Simão Zanardi, general coordinator of the FUP.