Brazil Seeks to Auction 2 Santos Blocks

Posted by Joseph Keefe
Thursday, March 29, 2018
Brazilian oil Secretary Marcio Felix said on Thursday the ministry will seek to auction two choice oil blocks located in the offshore Santos basin in a June pre-salt auction.

The two blocks were eliminated from Thursday's auction by a surprise court decision on Wednesday. He also said the ministry expects to rake in 6.9 billion reais through Thursday and the June auctions, including those blocks.

Reporting by Alexandra Alper  

Categories: Contracts Energy Finance Government Update Legal Offshore Offshore Energy

Related Stories

Oil Slumps as US-Iran Reach Initial Peace Deal to Reopen Strait of Hormuz

Hormuz Reopening Could Trigger OPEC’s Next Big Challenge

Oil Holds Steady as Markets Assess Renewed US-Iran Hostilities

Oil Prices Slide as Israel-Iran Suspend Strikes

Ichthys LNG Strike Causes Delay to Taiwan-Bound Cargo

Oil Prices Fall Amid Signs of US-Iran Ceasefire Extension Deal

Yinson Production, PTSC Raise Over $130M for Vietnam’s Block B FSO

Global Businesses Face Mounting $25 Billion Fallout From Iran War

Petronas Signs 20-year Charter Deal with MISC for Five LNG Carrier Newbuilds

FOS Picks Incat Crowther to Design Fast CTV Fleet for Shell’s Brunei Ops

Current News

Japan’s Shipping Industry Awaits Clarifications on Hormuz Reopening

Oil Slumps as US-Iran Reach Initial Peace Deal to Reopen Strait of Hormuz

JERA Takes Delivery of First LNG Cargo from Australia's Barossa Gas Project

Inpex’s Ichthys LNG Strike Persists as Fair Work Hearing Gets Postponed

Oil Falls More Than 2% as US-Iran Tensions Ease

TGS Books 3D Streamer Seismic Job in Africa and Middle East region

Hormuz Reopening Could Trigger OPEC’s Next Big Challenge

EnQuest to Buy Malaysia Offshore Interests in $833M Deal

Oil Holds Steady as Markets Assess Renewed US-Iran Hostilities

ADNOC Looks to Canada for Upstream and LNG Growth Through XRG

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com