Regulatory News

Of the 72 companies that signed up to participate in the 11th bid round oil and gas, on 14 and 15 May, 64 may participate in the auction. According to the National Petroleum Agency (ANP), three companies dropped out of the race (BP Energy, Alopar, Cisco Oil and Gas) and five were not licensed (Resultado Óleo e Gás, Partex Brasil, Vanco Brasil, Petrosinergy, and Panoro Energy do Brasil).

For this auction, none of the 289 block is subsalt. New areas in deep sea locations should be auctioned in November according to the ANP schedule.

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