Day: October 9, 2019

16th bidding round set for Thursday

The 16th Bidding Round will take place this Thursday (10/10). 36 blocks in the Pernambuco-Paraíba, Jacuípe, Camamu-Almada, Campos and Santos maritime sedimentary basins will be on offer, totaling 29,300 km². With the exception of Enauta and Petrobras, all registrants are foreign, with only Petronas never having worked in oil and

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Brazil oil and gas production sets new record in August

According to ANP, oil and natural gas production in Brazil totaled 3.828 million barrels of oil equivalent per day in August, a new record. Oil production was approximately 2.989 million barrels per day, an increase of 7.7% from the previous month and 18.5% from August 2018. The volume exceeded the

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