On 7 November 2019, the consortium of Petrobras and CNODC bid on and were granted a preliminary award for the 4,475.68 sq km Aram block in the deep-water offshore Santos Basin from the ANP 6th PSC Bid Round.     There were no other bids for      the block.   The consortium will pay the      fixed bonus of USD 1.26 billion at 1 USD to 4.00 BRL and it offered the      minimum government take of 29.96%.   The minimum work units guarantee      for the block is USD 69.5 million.   Petrobras is operator with 80%      working interest and CNODC holds 20% working interest.
Brazil, not found