Petrobras, partners acquire 13 blocks in Foz do Amazonas, Pelotas Basins

Petrobras acquired 10 blocks in the Foz do Amazonas Basin and three blocks in the Pelotas Basin in the 5th Permanent Concession Offer Cycle of the National Agency of Petroleum, Natural Gas and Biofuels (ANP).

In the Foz do Amazonas Basin, Petrobras acquired blocks in partnership with ExxonMobil. In the first five blocks, the consortium will have Petrobras as operator. The companies will split a 50% ownership stake in each block.

In the Pelotas Basin, Petrobras acquired blocks P-M-1670, P-M-1672, P-M-1741 in partnership with Petrogal. The consortium will have Petrobras as operator in all blocks, with a 70% stake, in partnership with Petrogal (30%).