Changes on the way for Sépia and Atapu

The government will reduce the value of the signing bonus or decrease the percentage of oil sharing required for the Sépia and Atapu pre-salt oil fields, according to Special Secretary for Finance Waldery Rodrigues. The two fields did not receive offers during the Transfer of Rights mega auction last year. The aim is to make them more attractive to foreign investors. The government also intends to end the preemptive right granted to Petrobras in the exploration of the pre-salt. The technical assessment is that this right distorts competition and alienates competitors. “We are analyzing each of these items and the relationship of potential stakeholders with Petrobras,” said the secretary. 

Source: Valor Economico