Regulatory News

Scheduled for October 10, the 16th Bidding Round of the National Petroleum Agency (ANP) already has 17 companies registered to compete for 36 exploration blocks in five sea basins. Of the total companies interested in participating in the auction, 15 are of foreign origin. The only Brazilian companies are Petrobras and Enauta.

All companies have fulfilled the requirements set out in the notice and may participate in the round by submitting individual or associated proposals in consortia.

© 2007 CRE Brazil - All Rights Reserved.