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2 results for “pre-salt oil”

Petrobras dominates ANP auctions with BRL 3.2 billion bid
Investing• 2h ago

Petrobras dominates ANP auctions with BRL 3.2 billion bid

Brazil's state-run oil giant aggressively acquired 21 offshore blocks to replenish its reserves, outbidding foreign rivals with a premium of over 21,000 percent.

Former Petrobras Director Warns New Amazon Oil Finds Need Policy Shift from Pre-Salt Model
PROMarkets• Aug 19

Former Petrobras Director Warns New Amazon Oil Finds Need Policy Shift from Pre-Salt Model

Ildo Sauer, who helped launch Brazil's pre-salt oil era, argues new Equatorial Margin discoveries must change from a profit-focused model.