In late Feb â19, the govât approved ANPâs plans to hold the Transfer of Rights (ToR) Bid Round, with bid documents to be published by end-May. Four deepwater blocks â Atapu, Buzios, Itapu, and Sepia â are included, bids to be submitted by 28 Oct â19. The winners will pay Petrobras sunk costs (guidelines to be established) and work with the state company to streamline the unification process between contract regimes. More from GEPS.
In late Feb â19, the govât approved ANPâs plans to hold the Transfer of Rights (ToR) Bid Round, with bid documents to be published by end-May. Four deepwater blocks â Atapu, Buzios, Itapu, and Sepia â are included, bids to be submitted by 28 Oct â19. The winners will pay Petrobras sunk costs (guidelines to be established) and work with the state company to streamline the unification process between contract regimes. 