oil auctions can raise $ 6 billion to Brazil

The oil industry is trying to recover from the last downturn now and, according to studies, we can say that we have a future season quite prosperous, at least in Brazil. According to a survey by the Brazilian Association of Petroleum Service Companies – ABESPetro the increase in activities in the area in the next three years can help the oil industry to recover.

For the next rounds of the oil and gas bidding Brazil could raise about $ 6 billion or R $ 18.6 billion reais by 2019, in addition to providing thousands of new jobs. The president of ABESPetro Jose Firmo, said the creation of a multi-annual timetable for exploratory blocks of bids and the end of Petrobras' single operation in the pre-salt sharing scheme can attract new investors in the exploration area.

The new rules of local content for the 14th round of bidding, according Firmus, can also be a positive signal in stimulating investment by the oil companies. Keep yourself informed about everything happening in the oil market, gas, energy, pre-salt, fuel, gasoline, Petrobras and offshore. Continue following the Panorama Offshore. Remember: Your business goes through here. Check out: www.panoramaoffshore.com.br www.facebook.com/panoramaoffshore


4 thoughts on “oil auctions can raise $ 6 billion to Brazil

Leave a Reply