Exploration & Production

Brazil removes key blocks from 15th bid round

A Brazilian court has blocked the inclusion of two key blocks in the country’s 15th bid round.
By Staff reporter 29 March 2018 0 30227

A Brazilian court has blocked the inclusion of two key blocks in the country’s 15th bid round, which will take place on Thursday, according to the country’s Energy Ministry.

The removal of the S-M-543 and S-M-645 blocks could negatively impact both the results of the bid round and the reputation of Brazil’s hydrocarbon agency, the ANP, according to Welligence Energy Analytics.