Auctions for oil exploration are postponed

On Tuesday (09), the Ministry of Mines and Energy announced that the auctions of oil and natural gas exploration blocks 2020 and 2021 will be postponed. In a statement, the Ministry said the delay would be to give predictability to potential investors, since the Covid-19 pandemic left a short deadline for this year's event.

The 17th round of the auction would take place in 2020 and will now take place in 2021. On this occasion, it will offer 128 blocks in the Maritime Sedimentary Basins of Pará-Maranhão, Campos, Santos, Pelotas and Potiguar.

In 2022 will take place the 18th round, which will take place in 2021, with auctions in the basins of Ceará, Pelotas and Espírito Santo.


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