September 26, 2017 / 2:46 PM / 23 days ago

TABLE-Brazil oil regulator clears 11 companies to bid for presalt areas

    SAO PAULO, Sept 26 (Reuters) - Brazil's oil regulator ANP
said on Tuesday it has authorized 11 companies to bid in
auctions next month for exploration and production rights in the
presalt region off the Brazilian coast.
    Ten of the companies cleared to participate are foreign, and
one is Brazilian, ANP said in a statement.
    All already have oil and gas exploration and production
contracts in Brazil, except for Malaysia's Petronas Carigali SDN
BHD, the regulator said.
    The government's second and third rounds of bidding for
presalt areas are scheduled for Oct. 27. The first round was in
2013.
    In Brazilian petroleum parlance, the term presalt refers to
giant offshore oil deposits. They are located several kilometers
(miles) below the surface of the Atlantic Ocean, making their
exploitation a costly challenge.
    
    * Companies approved for the second presalt round:
 Company                            Parent Co HQ
 ExxonMobil Exploração Brasil Ltda  United States
 Petrogal Brasil SA                 Portugal
 Petróleo Brasileiro SA             Brazil
 Repsol Sinopec Brasil SA           Spain
 Shell Brasil Petróleo Ltda         United Kindgom
 Statoil Brasil Óleo e Gás Ltda     Norway
 Total E&P do Brasil Ltda           France
 Petronas Carigali SDN BHD          Malaysia
   
    * Companies approved for the third presalt round:
 Company                            Parent Co HQ
 BP Energy do Brasil Ltda           United Kingdom
 CNODC Brasil Petróleo e Gás Ltda   China
 ExxonMobil Exploração Brasil Ltda  United States
 Petrogal Brasil SA                 Portugal
 Petróleo Brasileiro SA             Brazil
 - QPI Brasil Petróleo Ltda         Qatar
 Petronas Carigali SDN BHD          Malaysia
 Repsol Exploración SA              Spain
 Shell Brasil Petróleo Ltda         United Kingdom
 Statoil Brasil Óleo e Gás Ltda     Norway
 Total E&P do Brasil Ltda           France
 
 (Reporting by Luciano Costa; Writing by Ana Mano; Editing by W
Simon)
  

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