KUALA LUMPUR, Oct 11 (NNN-Xinhua) — Malaysia’s state-owned oil firm Petronas said Friday that it has successfully won three exploration blocks in the Campos Basin, offshore Brazil.
The company said in a statement that its subsidiary Petronas Petróleo Brasil Ltda. (PPBL) has won blocks CM 661, CM 715 and CM 541 in the region.
As operator, PPBL holds 100 percent equity in blocks CM661 and CM715. As for block CM541, PPBL owns 20 percent stake, while France’s Total SA (operator) and Qatar Petroleum holds 40 percent stake each.