The signature of the amendment is an important formality ahead of a mega oil auction scheduled for Nov 6. The auction concerns exploration blocks in one the world’s most promising offshore oil areas.
- Reuters
Sao Paulo — Brazil oil regulator ANP said on Thursday that the amendment to the so-called “transfer of rights” contract between state-run oil firm Petrobras and the federal government will be signed on Friday, according to a statement.
The signature of the amendment is an important formality ahead of a mega oil auction scheduled for Nov 6. The auction concerns exploration blocks in one the world’s most promising offshore oil areas.
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