Licensing Rounds
Brazil: no jackpot, yet
1 May 2002
The areas available for oil and gas exploitation in Brazil are vast and, in most cases, barely explored. The regulator is confident that major discoveries are still to be made and expects the fourth annual licensing round to be a success. But while private oil firms remain optimistic over the longer-term prospects, the confidence of the sector in general would benefit from a big commercial discovery, writes Tom Nicholls
Round three and counting
1 January 2001
Having wrapped up two bidding rounds for exploration licences, a third is now in progress. The success of the two previous rounds bodes well for the latest offering. However, there is still some way to go to ensure the necessary regulations are in place before some players will commit. By Joshua Dylan Mellars
Fighting import dependency
1 December 2000
Oil hopes fade
1 December 2000
Petrobras plays strong home game in licensing round
1 August 2000
Bidding in the second licensing round was much more successful in terms of the foreign bidders attracted into the round, than the first round, although Petrobras still won the most attractive acreage.
ANP upbeat on second round
1 March 2000
Higher oil prices, new criteria and existing expressions of interest are giving Brazil’s ANP confidence that its second licensing round will prove a success.