Brazil’s Petroleum Agency to Open International Bid for Gas and Oil Exploration

Brazil’s National Petroleum Agency (ANP) announces its Seventh Bid Round for oil and natural gas exploration and production, to be held in October 2005.

Brazil Round 7 will have emphasis on areas with high potential for natural gas, due the growth of the country demand, and onshore areas, that contain small size discoveries that have been returned to ANP.


For Brazil Round 7, 34 sectors in 14 sedimentary basins are being offered: Pelotas, Santos, Campos, Espí­rito Santo, Jequitinhonha, Camamu-Almada, Recôncavo, Sergipe-Alagoas, Potiguar, Barreirinhas, Pará-Maranhão, Foz do Amazonas, Solimões and São Francisco.


Besides that, marginal fields with small discoveries, in 4 basins – Recôncavo, Tucano Sul, Camamu and Sergipe-Alagoas are also on offer. In this way, ANP also defined a focus for small companies to take part in Brazil
Round 7.


Brazil Round 7 areas include blocks already offered in Brazil Round 6 (blocks that have not been taken), new sectors, and the discoveries above mentioned.


It will follow the previous Rounds model, including mature onshore basins, high potential areas and frontier basins (both onshore and offshore), allowing different types and sizes of organizations to bid, Brazilian and international ones.


ANP – http://www.brasil-rounds.gov.br/english/index.asp

Tags:

Ads

You May Also Like

With US$ 30 Billion Petrobras Singlehandedly Revives Shipbuilding in Brazil

Petrobras, the Brazilian state-controlled oil multinational, announced plans to order 40 drilling ships and ...

Wanna Buy Cheap Land in Brazil?

The Internet has plenty of offers for those willing to buy a piece of ...

Brazilian Investors Keep Stocks Falling by Cashing Profit

Latin American stocks were mixed to lower, with Brazilian shares dipping on continued profit ...

Brazil’s New President Chooses a Wall Street Friendly Transition Team

Dilma Rousseff, Brazil’s new president-elect, named a market-friendly transition team on Monday as she ...

Brazilian Aircraft Maker Embraer to Invest US$ 241 Million in Portugal

Portugal's government has approved on Thursday, September 11, contracts for Embraer investments in Évora, ...

Brazilian Doing Brisk Business Selling Tiles Made from Plastic Bottles

It was 12 years ago that Brazilian engineer Luiz Antônio Pereira Fomariz from the ...

Brazilians to Be Jailed and Then Deported for Producing Fake ID’s

Two Brazilian nationals have been sentenced and ordered deported yesterday in federal court on ...

Brazilian bishop Luiz Flávio Cappio on the border of the São Francisco river

Brazilian Bishop Again Opposes Lula Over River Transposition

Brazilian Bishop Luiz Flávio Cappio sent a new letter to the Planalto Place in ...

UK Wants G8 to Be G13 with Brazil Included

UK Prime Minister Tony Blair is calling for the G8 group of industrialized nations ...

Brazil Credits Stability to Refusal to Sign Treaty with US

Celso Amorim, Brazil's Foreign minister, said that those countries which have signed free trade ...