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Brazil’s PSCs pre-salt oil fields round 4th with 16 companies on June 7

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The 4th PSC Round will take place on June 7 in Rio de Janeiro. A record number for rounds in this regime. In the event, will be offered the areas of Itaimbezinho, Três Marias, Dois Irmãos and Uirapuru, in the Campos and Santos basins. Council of Energy Policy (CNPE) establishes the mandatory participation of Petróleo Brasileiro SA (Petrobras) as operator in the production-sharing contracts.

The Bidding continues the schedule of rounds, which contribute to the resumption of the sector and attract investments to the Country, said the Brazilian regulatory agency ANP .

The list of qualified companies included Petrobras, ExxonMobil, BP, Shell, Chevron, Statoil and Total.

Also on the list are Qatar Petroleum International, Ecopetrol, Galp Energia, Repsol, Petronas, Dea, Queiroz Galvao E&P, China National Offshore Oil Corporation and China National Oil & Gas Exploration & Development Corporation.

Petrobras has already exercised its preferential rights for Uirapuru, Tres Marias and Dois Irmaos, but competition should be fierce for all four prospects on offer, given the high number of participants qualified to bid, reported Upstream.

The fourth offering includes the Uirapuru and Tres Marias areas in the Santos basin, and the Dois Irmaos and Itaimbezinho areas in the Campos basin.