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QPI Brasil Petroleo Ltda.

Company Detail

Description

QPI Brasil Petroleo Ltda. is the Brazilian oil and gas extraction subsidiary of the state-owned hydrocarbon corporation Qatar Petroleum based in Rio de Janeiro since 2012. QPI Brasil Petroleo holds a 25% equity stake in Alto de Cabo Frio Oeste, an exploratory block in the Santos basin operated by Shell. QPI Brasil Petroleo in consortium with the operator ExxonMobil Brasil and Petrobras won the blocks C-M-753 (669 km2) and C-M-789 (664 km2) in the Campos basin, holding 30% stake; and in a consortium with ExxonMobil, it won the blocks S-M-536 (686 km2) and S-M-647 (762 km2) in the Santos basin, holding a 36% interest.

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