Brazil kicks off later today its pre-salt ToR round, allegedly the biggest oil round in the world. Surplus volumes are being offered in the deepwater Atapu, BÃºzios, Itapu + SÃ©pia fields, winners to pay Petrobras sunk costs + contribute to the unification process between contract rÃ©gimes. Petrobras has already exercised preferential rights to BÃºzios + Itapu (min. 30% optg), but will not bid for the other fields.   Qualified bidders are BP*, Chevron, CNODC, CNOOCI, Ecopetrol, Equinor, ExxonMobil, Galp, Petrobras, Petronas, Qatar Petr., Shell, Total*, Wintershall Dea.   ANP's planned 6th pre-salt round follows tomorrow (DEA 16 Oct '19).  *since reportedly not intending to bid.
Brazil kicks off later today its pre-salt ToR round, allegedly the biggest oil round in the world. Surplus volumes are being offered in the deepwater Atapu, BÃºzios, Itapu + SÃ©pia fields, winners to pay Petrobras sunk costs + contribute to the unification process between contract rÃ©gimes. Petrobras has already exercised preferential rights to BÃºzios + Itapu (min. 30% optg), but will not bid for the other fields. Qualified bidders are BP*, Chevron, CNODC, CNOOCI, Ecopetrol, Equinor, ExxonMobil, Galp, Petrobras, Petronas, Qatar Petr., Shell, Total*, Wintershall Dea. ANP's planned 6th pre-salt round follows tomorrow (DEA 16 Oct '19). *since reportedly not intending to bid.