In Brazil Oil Exploration Is Not Only for Big Shots Anymore

Biodiesel The National Petroleum, Natural Gas and Biofuel Agency (ANP) of Brazil wants to establish in the country a new business category: that of small and medium oil producers. The director general at the ANP, Haroldo Lima, says that the target is to "make the opening of the oil sector not restricted to great producers, be they Brazilian or foreign."

"We want to make the oil sector, specifically in the case of land fields with marginal reserves of oil, into a space where small and medium producers may develop," he guaranteed.

The ANP intends to promote, still in the first half of this year, a third tender for marginal areas. Known as "little rounds", these are smaller tenders for oil exploration areas that take place between the agency's auctions of new areas for exploration and production of oil and gas.

Some 20 marginal areas located in the northeast of the country, especially in the state of Bahia, should be tendered. "The tender should take place in Salvador," added Lima.

Next Monday, January 21, the director general at the ANP should meet Bahia state governor Jacques Wagner, with whom he is scheduled to discuss the potential of the Northeast and, especially, of Bahia with regard to marginal oil fields.

Haroldo Lima said that, together, the states of Bahia, Sergipe and Rio Grande do Norte have 3,000 wells in 157 oil fields. "They are of marginal interest to large companies, but of great interest to medium and small companies in Brazil," stated Lima.

In the two previous tenders for sale of fields, there was mobilization of around 100 small businessmen who wanted to enter the oil field. Of the 17 areas offered in the first two "little rounds", 16 were purchased.

"The small and medium businessmen got ready to participate in this round, they hired technicians specialized in oil to analyze the areas, showing the great potential there is to develop the sector in Brazil. We are going to go on making this effort," declared the director general at ANP.

To the agency, providing incentives to participation of medium and small companies in the oil and gas sector contributes to the regional development and permits the generation of jobs and income and the increase of tax collection.

ABr

Tags:

You May Also Like

Brazil Senate Scandal: Secret Bank Account and Private Bunker for Sex

Brazil's Senate – whose president José Sarney, a former president of the nation, has ...

Bleak: Less than 1% of Brazil’s Small Businesses Are Innovative

Sebrae's (Brazilian Micro and Small Business Support Service) latest Global Entrepreneurship Monitor GEM survey ...

American Jewish Committee Applauds Israel-Mercosur Ample Trade Accord

The first ever trade agreement between Mercosur, the South American trade group led by ...

Coming Soon to a Theater Near You

Brazil is the 6th largest film market in the world. Still, to be a ...

Sí£o Paulo, Brazil, Turns 453 and Gets 453-Meters-Long Cake

South America's largest and most dynamic city, São Paulo, in southeastern Brazil, celebrated this ...

Making Amends

The Brazilian Agrarian Reform Association disagrees  with the manner in which the number of ...

Brazil’s Former Workers Party Chief Washes Hands: I Didn’t Touch Finances

The former president of Brazil’s Workers Party (PT), José GenoÀ­no, affirmed Tuesday, September 13, ...

Brazil Reduces Ethanol in Gasoline in Effort to Curb Prices

In Brazil, starting this February 1st, the mandatory percentage of ethanol added to gasoline ...

The Wild and the Tamed

VIGNETTES OF CENTRAL BRAZIL IN THE NINETIES The only sound was that of their ...

Another Brazilian for Alcoa Latin America’s President

Alcoa (Aluminum Company of America) announced that Franklin (Frank) L. Feder, 53, has been ...