QatarEnergy Secures Exploration Blocks in Brazil

published:08/10/2026 10:35 GMT

QatarEnergy, in partnership with Brazil’s Petrobras, has won seven offshore exploration blocks in Brazil’s 6th Concession Open Acreage Bid Round, expanding the Qatari energy company’s upstream presence in the country. The blocks, awarded by Brazil’s National Agency of Petroleum, Natural Gas, and Biofuels (ANP), are located in the Ceará Basin along Brazil’s northeastern Equatorial Margin. QatarEnergy will hold a 30% participating interest in the blocks, while Petrobras, which will serve as...More