7 Onshore Blocks in Espírito Santo Auctioned Today (04/12) by Oil Companies Imetame and EnP Consortium

Written by Flavia Marinho

Published on 04/12/2020 at 13:23

Updated on 04/12/2020 at 13:24

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Imetame and EnP Snagged Seven Onshore Blocks, in the Espírito Santo Basin, at the Permanent Offering Auction, Today December 4

The consortium of oil companies Imetame and EnP acquired seven onshore blocks (ES-T-305, ES-T-409, ES-T-429, ES-T-466, ES-T-486A, ES-T-517, and ES-T-527) in the Espírito Santo Basin, at the Permanent Offering auction taking place today (12/4) in Rio de Janeiro. Shell Oil Company acquired an offshore oil block in the Campos Basin this morning (12/04)

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The oil companies spent R$ 356.1 thousand for the seven blocks in Espírito Santo, with Imetame as the consortium operator, holding a 50% stake, while EnP will take the remaining share.

So far, no other oil company or consortium has bid for onshore blocks in the terrestrial basin of Espírito Santo.

ARTICLE CONTINUES BELOW

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A total of 14 exploratory oil block areas from nine basins are being offered in the second Cycle of the Permanent Offering: Santos, Espírito Santo, Campos, Paraná, Amazonas, Recôncavo, Sergipe-Alagoas, Potiguar, and Tucano.

The National Agency of Petroleum, Natural Gas and Biofuels – ANP, is offering two sectors of areas with marginal accumulations from the Solimões and Recôncavo basins. In total, 63 companies have registered for the auction.

About Permanent Offering – ANP

In the Permanent Offering system, the ANP offers some specific types of areas. These include returned fields or those in the process of being returned and exploratory blocks offered in previous bids and not awarded.

New exploratory oil blocks under study at the agency are also part of the bidding process. Only areas in the pre-salt, strategic areas, or those located on the Continental Shelf beyond 200 nautical miles are excluded.

Bento Albuquerque, Minister of Mines and Energy, emphasized the federal government’s intention to include exploratory oil areas from the pre-salt in this type of bidding in the near future.

7 Onshore Blocks in Espírito Santo Auctioned Today (04/12) by Oil Companies Imetame and EnP Consortium

Imetame and EnP Snagged Seven Onshore Blocks, in the Espírito Santo Basin, at the Permanent Offering Auction, Today December 4

Read Also

About Permanent Offering – ANP

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7 Onshore Blocks in Espírito Santo Auctioned Today (04/12) by Oil Companies Imetame and EnP Consortium

Imetame and EnP Snagged Seven Onshore Blocks, in the Espírito Santo Basin, at the Permanent Offering Auction, Today December 4

Read Also

About Permanent Offering – ANP

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In 1991, Brazil’s GDP was almost double India’s, and today it is little more than half: while India grew 6.5% per year and trained engineers, Brazil preferred to train lawyers, and now it is rushing to strengthen ties with the world’s fourth-largest economy.

The Brazilian city of the crooked buildings, which is being “swallowed” by the sea, receives more than R$ 20 million after a R$ 276.6 million package for 214 cities, with transfers of R$ 2.5 million per tourist resort.

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