Heavyweights pitch in for latest Brazilian acreage

Total leads team most willing to splash the cash but others prove keen to join in

Big catch: Total, Petronas and Qatar Petroleum International splashed out in Brazil’s 16th licensing round with a near $1 billion bonus to land Campos basin Block C-M-541, which contains the potentially-huge Nemo prospect — Big catch: Total, Petronas and Qatar Petroleum International splashed out in Brazil’s 16th licensing round with a near $1 billion bonus to land Campos basin Block C-M-541, which contains the potentially-huge Nemo prospectFoto: RYTIS DAUKANTAS/UPSTREAM

Fabio Palmigiani

Rio de Janeiro

Published 16 October 2019, 17:18Updated 17 October 2019, 10:32

Brazil Petrobras Petronas Equinor Chevron