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TotalEnergies wins new exploration license offshore Brazil

Monday, December 19 2022

Fossil Energy – Brazil

TotalEnergies, and its co-venturers QatarEnergy and Petronas have won the Agua Marinha block today in the Open Acreage under Production Sharing Regime – 1st Cycle held by Brazil’s National Petroleum Agency (ANP).

Petrobras has exercised their right to take 30% Participating Interest and Operatorship.

Agua Marinha is a large block of 1,300 km2, about 140 km from onshore, located in the pre-salt Campos Basin.

“TotalEnergies is pleased to expand its presence in the Campos Basin with this new exploration block, alongside three strategic partners. This is in line with our strategy to focus exploration on selected high potential basins which can deliver material low cost, low carbon intensity resources,” said Kevin McLachlan, Senior Vice President, Exploration of TotalEnergies.

The entry into this block follows the entry into 2 blocks, S-M-1815 and S-M-1711, in the South Santos basin during the 3rd Cycle of the Permanent offer that took place on 13th April 2022. 

Related posts:

  1. TotalEnergies announces oil discovery in Sépia area
  2. Launch of Lapa South-West Project
  3. Production Sharing contract for the Agua Marinha offshore block
  4. Start production second development phase Mero field

Filed Under: Brazil, International projects, Oil and Gas, TotalEnergies Tagged With: Brazil, Petrobras, TotalEnergies

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