KUALA LUMPUR, Dec 20 (Bernama) — PETRONAS’ subsidiary, PETRONAS Petróleo Brasil Ltda. (PPBL) and partners have won the Agua Marinha exploration block during the first cycle of Brazil’s open acreage under production sharing regime bid held in Rio de Janeiro.
PPBL will hold a 20 per cent participating interest in the block located in the Campos Basin, with Petrobras (30 per cent) as the operator, TotalEnergies (30 per cent) and QatarEnergy (20 per cent).
