Tag: Brazil auctions

• Wednesday, October 23rd 2019 - 08:58 UTC

  Major pre-salt oilfields auction could raise some US$ 50 billion for Brazil

  

  An auction next month of oilfields in Brazil may be the priciest ever held, raising at least US$ 50 billion in licensing fees and compensation. Exxon Mobil Corp., Royal Dutch Shell Plc and other energy giants are set to vie for deep-sea deposits that could hold 15 billion barrels of oil, almost twice as much as Norway’s reserves.

• Thursday, November 28th 2013 - 11:40 UTC

  Brazil auctions concession of highway that transports 45 million tons of grains annually

  

  Brazilian construction giant Odebrecht on Wednesday was awarded a 30-year concession to operate and maintain a stretch of the BR-163 federal highway, a major road in the western state of Mato Grosso, also known as 'soy road' because of the millions of tons of grains and oilseeds that are transported annually.