Petrobras, Shell, Statoil’s securing six offshore blocks in Brazil’s pre-salt rounds


Vinson & Elkins and Mattos Filho, Veiga Filho, Marrey Jr e Quiroga advised on the transaction

The Brazilian National Agency of Petroleum, Natural Gas and Biofuels (ANP) has awarded six offshore blocks to oil majors including Shell, Petrobras, and Statoil, generating R$6.15 billion ($1.9B) in signature bonus and R$760 million ($234.8M) in investments.

The 2nd and 3rd production sharing bidding rounds, with pre-salt areas, were held by the ANP on Friday, confirming the reestablishment of the oil and gas sector in Brazil. From the eight blocks offered in the auctions, six have been acquired, the agency noted.

As per the results of the rounds, three blocks will be operated by Petrobras (Entorno de Sapinhoá, Peroba, and Alto de Cabo Frio Central), two by Shell (Sul de Gato do Mato and Alto de Cabo Frio Oeste), and one by Statoil (Norte de Carcará).

Vinson & Elkins advised Statoil with Alex Msimang (Picture), Nadine Amr and Jessica Biddle.

In Brazil, Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados advised Statoil with Giovani Lossk Nilton Gomes de Mattos Neto and Flávia Toledo Giambroni.

Involved fees earner: Giovani Loss – Mattos Filho Veiga Filho Marrey Jr & Quiroga; Nilton Gomes de Mattos Neto – Mattos Filho Veiga Filho Marrey Jr & Quiroga; Flávia Toledo Giambroni – Mattos Filho Veiga Filho Marrey Jr & Quiroga; Alex Msimang – Vinson & Elkins LLP; Nadine Amr – Vinson & Elkins LLP;

Law Firms: Mattos Filho Veiga Filho Marrey Jr & Quiroga; Vinson & Elkins LLP;

Clients: Statoil;