oil auctions may increase competitiveness in the world market in Brazil

The next two rounds of pre-salt auctions, which occur in the second half of this year, will enable an increase in Brazil's potential in the oil and gas sector. This information was given by the director general of the National Agency of Petroleum, Natural Gas and Biofuels (ANP), Decio Oddone, during CERAWeek, an annual international meeting of energy industry leaders (CERAWeek), held on March 7 in Houston , U.S.

According to the director general, the ten wells that produce more in Brazil are in the pre-salt polygon, which is responsible for about half of the Brazilian production. In addition, the new bidding rounds, added local content changes and Petrobras disinvestments program can attract international companies and make the Brazil back to be more competitive in the industry


Leave a Reply