This statistic depicts BP's expenses for exploration in Brazil in 2013, 2014 and 2016. In 2016, the company's exploration expenses in Brazil amounted to approximately 601 million U.S. dollars, up from 368 million dollars in 2014. BP is a UK-based globally operating oil and gas company. In Brazil, BP owns 50 percent of NFX Combustíveis Marítimos Ltda., a marine fuel trading joint venture founded in partnership with Prumo Logística S.A.
BP's exploration expenses in Brazil between 2013 and 2016
(in million U.S. dollars)
Including expenses related to unsuccessful drilling activities, lease expiration or development uncertainties
Supplementary notes
* Not including an additional write-off of 845 million U.S. dollars associated with the value ascribed to block BM-CAL-13 offshore Brazil as part of the accounting for the acquisition of upstream assets from Devon Energy in 2011.
This statistic was assembled from several editions of BP's annual report.
No available data for 2015.
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BP. (April 6, 2017). BP's exploration expenses in Brazil between 2013 and 2016 (in million U.S. dollars) [Graph]. In Statista. Retrieved October 31, 2024, from https://www.statista.com/statistics/821006/exploration-expenses-bp-brazil/
BP. "BP's exploration expenses in Brazil between 2013 and 2016 (in million U.S. dollars)." Chart. April 6, 2017. Statista. Accessed October 31, 2024. https://www.statista.com/statistics/821006/exploration-expenses-bp-brazil/
BP. (2017). BP's exploration expenses in Brazil between 2013 and 2016 (in million U.S. dollars). Statista. Statista Inc.. Accessed: October 31, 2024. https://www.statista.com/statistics/821006/exploration-expenses-bp-brazil/
BP. "Bp's Exploration Expenses in Brazil between 2013 and 2016 (in Million U.S. Dollars)." Statista, Statista Inc., 6 Apr 2017, https://www.statista.com/statistics/821006/exploration-expenses-bp-brazil/
BP, BP's exploration expenses in Brazil between 2013 and 2016 (in million U.S. dollars) Statista, https://www.statista.com/statistics/821006/exploration-expenses-bp-brazil/ (last visited October 31, 2024)
BP's exploration expenses in Brazil between 2013 and 2016 (in million U.S. dollars) [Graph], BP, April 6, 2017. [Online]. Available: https://www.statista.com/statistics/821006/exploration-expenses-bp-brazil/
