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 Legal Offshore Finance Energy Government Update Offshore Energy

Related Stories

ABS Approves Hanwha Ocean’s FPSO Design

Sembcorp Signs 10-Year LNG Supply Contract with Chevron

Yinson and PetroVietnam JV Get FSO Contract for Vietnamese Field

Makin' a List ... Trump Prioritizes Energy Exploration, Production, Export

Velesto’s Drilling Rigs Up for Automatization Overhaul Under New Tech Alliance

Global OTEC Presents OTEC Power Module for Remote Offshore Platforms

Beam’s AI-Driven AUV to Hit Offshore Wind Market in 2025

Floating Wind and the Taming of Subsea Spaghetti

Fugro Names Annabelle Vos Director for Middle East & India

OPEC+ Has Oil Price and Demand Problems. It Should Solve Demand

Current News

Offshore Service Vessels: What’s in Store in 2025

ABS Approves Hanwha Ocean’s FPSO Design

AI & Offshore Energy: The Higher the Stakes, the More Value AI Creates

Floating LNG Conversion Job Slips Out of Seatrium’s Hands

Transocean’s Drillship to Stay in India Under New $111M Deal

INEOS Picks Up CNOOC’s US Assets in $2B Deal

Sunda Energy, Timor-Leste Gov Plan Accelerated Chuditch Gas Development

RINA to Conduct Pre-FEED Study for Petronas’ CCS Project in Malaysia

TotalEnergies Wraps Up Acquisition of SapuraOMV’s Gas Assets

Kuwaiti Oil and Gas Firm Exploring More Opportunities in Indonesia's Natuna Sea

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