ANP Raises US$4.8mn from Mature Block Tender

Barreirinhas Basin
(Click to Enlarge)

Brazil Major Oilfields
(Click to Enlarge)

Potiguar and Camamu-Almada Basins - Braz
(Click to Enlarge)
Brazil's national hydrocarbons regulator ANP has raised 10.4mn reais (US$4.8mn) in entrance fees for 11 of the 14 blocks offered in the second tender of mature non-producing oilfields, ANP announced on its webpage on Thursday after the auction.

Of the 55 companies registered to bid, nine were awarded licenses to revamp the onshore blocks for production. Three of the blocks received no bids.

Brazil's federal energy company Petrobras (NYSE: PBR) and Angolan oil company Somoil had registered to bid but were not awarded any blocks.

Brazilian engineering company Proerg was awarded two blocks, Sao Joao in the Barreirinhas basin and Porto do Mangue in the Potiguar basin. The company bid of 4.3mn reais and 337,700 reais respectively.

Brazilian engineering company Proen also was awarded two blocks.

US oil company Koch was awarded the Crejoa block in the Espirito Santo basin.

The winners of the other six blocks were the following small local engineering and oil companies: Enegepet, Arclima, Panergy, Cheim Transportes, Genesis 2000 and Sollita.

Visit BNamericas to access our real-time news reports, 7-year archive, Fact File company database, and latest research reports. Click here for a Free two week trial to our Latin America Oil & Gas information service.


Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Technical Coordinator
Expertise: Client Representative|Process Management|Technical Writing
Location: Houston, TX
Executive Assistant
Expertise: Executive|Secretarial or Administrative
Location: United States
Regional Manager - Saybolt
Expertise: Executive|Operations Management
Location: Linden, NJ
search for more jobs

Brent Crude Oil : $51.78/BBL 0.77%
Light Crude Oil : $50.85/BBL 0.83%
Natural Gas : $2.99/MMBtu 4.77%
Updated in last 24 hours