Exploration & Production

Brazil to auction disputed areas in H2

Brazil will hold an oil and gas auction in H2 2018 for so-called ‘transfer-of-rights’ areas.
By Staff reporter 27 March 2018 0 30183

Brazil will hold an oil and gas auction in H2 2018 for so-called ‘transfer-of-rights’ areas that were passed onto state-run Petrobras by the government but are still the subject of a dispute.

A resolution to the dispute is also finally in sight, Reuters has reported, citing the country’s energy minister, Fernando Coelho Filho.