ANP's 6th pre-salt round held yesterday attracted only 1 bid placed for the 5 blocks on offer. The 4,476-sq km Aram block (Santos Basin) taken by Petrobras + CNODS confounded the Bumerangue, Cruzeiro do Sul, Norte de Brava + Sudoeste de SagitÃ¡rio units which remained shunned. As with the ToR round a day before, terms are assumed to have been unattractive, of which Petrobras' rights to pre-empt on operatorship. Petrobras + CNODC paid a USD 12.2 b) signature bonus for Aram.
Brazil, not found