Brazil to announce areas for third pre-salt round soon – Oddone

By Staff reporter 8 March 2017

Brazilian authorities will announce a list of areas to be offered in the country’s third pre-salt round in the coming weeks, Decio Oddone, director general of Brazil’s hydrocarbons agency, told delegates at the CERAWeek by IHS Markit conference in Houston on Tuesday.

Oddone said the third round, which will offer production-sharing contracts, would take place by the end of 2017.

Brazil’s second pre-salt licensing round, which will offer four areas that need to be unitised, will take place in early H2 2017, Oddone added.

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