Brazil’s 15th Offshore Bidding Round


Demarest and Mattos Filho, Veiga Filho, Marrey Jr. e Quiroga advised on the round

Brazil’s 15th Bidding Round raised over USD$2.4 billion – this sets a new record for Brazil’s auctions. 22 offshore blocks were acquired out of the 47 offered.

QPI Brasil Petróleo Ltda., in a consortium with ExxonMobil Exploração Brasil Ltda. and Petróleo Brasileiro S.A. (Petrobras) acquired 4 blocks

Demarest advised QPI Brasil Petróleo Ltda. with a team including João Almeida, Roberta Batalha, Priscila Park and Livia Leal.

Mattos Filho, Veiga Filho, Marrey Jr. e Quiroga advised ExxonMobil Exploração Brasil Ltda. and BP Energy Do Brasil Ltda. with Giovani Loss (Picture), Felipe Feres and Nilton Gomes de Mattos Neto.

Involved fees earner: João Luis Ribeiro de Almeida – Demarest; Roberta Coelho de Souza Batalha – Demarest; Priscila Sun Min Park – Demarest; Lívia Sousa Borges Leal – Demarest; Giovani Loss – Mattos Filho Veiga Filho Marrey Jr & Quiroga; Felipe Rodrigues Caldas Feres – Mattos Filho Veiga Filho Marrey Jr & Quiroga; Nilton Gomes de Mattos Neto – Mattos Filho Veiga Filho Marrey Jr & Quiroga;

Law Firms: Demarest; Mattos Filho Veiga Filho Marrey Jr & Quiroga;

Clients: ExxonMobil; Petrobras; QPI Brasil Petróleo Ltda.;

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Author: Ambrogio Visconti.