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وكالة الأنباء القطرية
Qatar Energy secures seven offshore licences in Brazil
Qatar Energy, through a consortium with Petrobras, has won a stake in seven offshore areas in the Cretaceous Basin off the coast of Brazil, as part of the sixth open bidding round organized by the Brazilian Petroleum Agency. Qatar Energy holds a 30% stake, while Petrobras owns 70%. The concession agreements are expected to be signed during the first half of 2027. The areas cover a total of approximately 4,700 square kilometers and are located in waters with depths ranging from 2,000 to 3,600 meters, strengthening Qatar's presence in Brazil's exploration and production sector.
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