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Last auction of pre-salt blocks this Friday is highlighted in the media

Written by Paulo Nogueira
Published 27/09/2018 às 07:07

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Santos basin pre-salt oil auctions

It is estimated that around 7 billion reais will be moved in this last round of pre-salt exploratory fields

The National Petroleum Agency (ANP) will hold next Friday (28), the last pre-salt block auction this year. The government expects to raise almost R$7 billion and the expectation for the new round of bids in the sector stirs the stand of the Brazil Offshore at Rio Oil & Gas. The participants of the event bet on the industry resumption and look for opportunities and suppliers in Campos Basin. For specialists, investors and the ANP, clear rules for the sector will be able to attract new investments needed to consolidate the recovery.

In this round of pre-salt auctions, 12 oil companies, including national and multinational companies, are participating in the event. In the future, it is expected that the sale, then production, will yield around 180 billion reais in royalties and taxes for the union. The Saturno, Titã, Pau-Brasil and Sudoeste de Tartaruga Verde blocks will be offered, located in the Campos and Santos basins, within the Pre-salt Polygon.

Union of oil workers can block the auctions

Sindipetro filed an injunction in court to suspend the auctions on the 28th, which will be held in Rio de Janeiro, at the Grand Hyatt hotel, Av. Lúcio Costa, 9.600 – Barra da Tijuca. The union claims that the exploration blocks are being handed over to banana blocks and the crime of injury to public property is taking place, making the legitimacy of these bids unfeasible, according to Sindipetro. Watch the Globo Play video here.

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Paulo Nogueira

An electrical engineer graduated from one of the country's technical education institutions, the Instituto Federal Fluminense - IFF (formerly CEFET), I worked for several years in the areas of offshore oil and gas, energy and construction. Today, with over 8 publications in magazines and online blogs about the energy sector, my focus is to provide real-time information on the Brazilian employment market, macro and micro economics and entrepreneurship. For questions, suggestions and corrections, please contact us at informe@clickpetroleoegas.com.br. Please note that we do not accept resumes for this purpose.

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