Brazil to put up new pre-salt oil blocks for auction in October

Friday, April 19th 2019 - 09:29 UTC

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Brazil will hold an offshore oil deposit auction in October featuring blocks that were the object of a long-running dispute with state energy giant Petrobras. Reuters reports, citing Economy Minister Paulo Guedes, that participants in the auction will need to cough up a signing bonus of a total US$26.9 billion for the four blocks. Read full article

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:o))
Selling PB is much better!
Apr 21st, 2019 - 10:50 am - Link - Report abuse 0
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