Brazil - 09

Brazil: An Extra Bidding Round in 2017: The Government’s Eye on the Oil Sector

In a radio interview last week, Minister of Energy and Mines Fernando Bezerra Coelho Filho stated that the government is considering moving forward a 2018 pre-salt bidding round to November of this year. Coelho Filho did not give details of which pre-salt areas would be offered in the potential round, but he claimed that the government would seek to approve the round at a special National Energy Policy Council (CNPE) meeting in March. The areas to be included in the round are expected to be announced before then by the National Agency for Petroleum, Natural Gas and Biofuels (ANP).

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