Brazil to offer oil blocks where Petrobras fights to drill


An auction taking place on June 17 will include areas in five sedimentary basins, including the Potiguar and the Foz do Amazonas, in deepwater near the equator, regulator ANP said. — Bloomberg

RIO DE JANEIRO: Brazil’s oil regulator is set to grant exploration rights in a promising offshore region where state-controlled oil producer Petrobras has faced a years-long dispute with environmental authorities to start drilling.

An auction taking place on June 17 will include areas in five sedimentary basins, including the Potiguar and the Foz do Amazonas, in deepwater near the equator, regulator ANP confirmed on Monday.

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