QatarEnergy Brasil Ltda, trading as QatarEnergy Brasil, is the Brazilian subsidiary of QatarEnergy, the state-owned energy company of Qatar. Established on June 21, 2012, in Rio de Janeiro, it focuses on upstream oil and gas activities, including the extraction of petroleum and natural gas.
The company supports QatarEnergy's interests in key Brazilian offshore projects, such as a 21% stake in the Sépia field in the Santos Basin pre-salt layer (operator: Petrobras) and participation in the Agua Marinha exploration block in the Campos Basin. It previously held stakes in fields like Parque das Conchas, which were divested in recent years.
While primarily involved in oil and gas production, its operations contribute to the broader energy sector relevant to petrochemical feedstocks.
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Profit excluding one-off events reached R$47.9bn, up 68% year on year; operating cash flow rose 15% to R$61.8bn.