Bid Round Raises Optimism in Brazil’s Deep Water Industry

On December 13, 193 blocks were auctioned in Brazil’s oil and gas licensing round, signaling strong optimism for the industry, according to Wood Mackenzie.Highlights from these bid rounds included:• The total amount in bonuses was US$85 million• 44 blocks were acquired in the Pelotas Basin…

Capt. John

https://www.marinelink.com/news/bid-round-raises-optimism-brazils-deep-510164

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