ExxonMobil, Chevron, Shell, BP, and Total all won oil exploration blocks offshore Brazil in the first of three bidding rounds this year which fetched a record total amount of signing bonuses. The 16 th oil concession bidding round held on Thursday raised a total of US$2.17 billion (8.9 billion Brazilian reais) in signing bonuses, a record for the concession rounds in Brazil, oil regulator ANP said in a statement. The regulator expects the bidding round to result in investments of at least US$385 million (1.58 billion reais) only in the first, exploration, phase of development. According to the results of the biding round that the Brazilian oil regulator released after the auction today, Total, Shell, ExxonMobil, Chevron, Petrobras, Petronas, and Repsol won blocks as operators in the Campos basin. Shell won two blocks as operator in the basin, leading consortia consisting of QPI Brasil and Chevron. Repsol also won […]