On 7 June 2018, the consortium of Petrobras with 30% working interest, Chevron with 30%, and Shell with 40%, was granted a preliminary award of the Tres Marias block from the 4th PSC Pre-Salt Bid Round.Â  There were no other bids for the Santos Basin block. The consortium will pay a fixed signing bonus of USD 27.78 million, at 1 USD to 3.60 BRL, and has estimated minimum investment guarantees of USD 68.33 million.Â  The winning Petrobras consortium bid 49.95% state take versus the second place Petrobras consortium bid of 18% state take.Â  The second place consortium included Total with 30% and BP with 30%.  The Tres Marias block covers an area of 821.49 sq km and the minimum state take was set at 8.32% for the PSC contract.
the consortium of Petrobras with 30% working interest, Chevron with 30%, and Shell with 40%, was granted a preliminary award of the Tres Marias block from the 4th PSC Pre-Salt Bid Round.  