MME announces rules for oil bidding

The rules for the surplus of the costly sale of the oil and gas auction are available for public consultation by the Ministry of Mines and Energy (MME). The agreement defines the rights on the auctioned areas that will be officiated by Petrobras and the consortia.

The document published in the Official Journal of the Union (DOU) will be available for consultation until 25 May. The bidding will take place October 28th offering the areas of Atapu, Itapu, Sépia and Búzios, all in the region of the Santos basin.

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