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Brazil round draws $ 220 million from 19 bidders for 154 blocks

Authors :
Wertheim, Peter Howard
Source :
The Oil and Gas Journal. Sept 6, 2004, Vol. 102 Issue 33, p34, 3 p.
Publication Year :
2004

Abstract

Record bids of $ 220 million marked Brazil's sixth round of oil and gas licensing for 154 blocks, though uncertainty of a legal dispute prevails. Petrobras was the biggest bidder getting 107 blocks for $ 145.6 million. Another two legal issues relate to taxes on oil production and import of oil drilling machinery.

Details

Language :
English
ISSN :
00301388
Volume :
102
Issue :
33
Database :
Gale General OneFile
Journal :
The Oil and Gas Journal
Publication Type :
Periodical
Accession number :
edsgcl.124907837