Brazilian national oil agency (ANP) expect to earn more than R$ 30 billions of investment with the next oil basins auction to be held at the next, october 27th 2017.
Most of giant worlwide oil companies were itselves interested in thriving busines in brazil, bearing in mind the new rules applied to the oil fields. According to ANP, they expect to raise funds of approximatelly R$ 43 millions only with subscriptions bonds. A kind of mandatory provision paid upon the signature of contract on the auction of acquiring any oil basin.
In the 14th Bidding Round, ten maritime blocks will be offered in the Campos Basin, located on the coast of the State of Rio de Janeiro and Espírito Santo. Please read more at...
https://www.epmag.com/brazils-round-3-presalt-auction-lures-15-oil-majors-1657101#p=full
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