Brazilian government authorized the eleventh round of Oil & Gas fields exploitation

The Oil and Gas industry in Brazil may now expect the eleventh round of fields exploitation, as it has been announced by the National Agency for Petroleum, Natural Gas and Biofuels (ANP) after a meeting between President Dilma Rousseff and Edson Lobão, the Minister of Mines and Energy, held on January 10, 2013.

Public bidding announcements are expected to be released next May, 2013 for the offering of 172 land and ocean fields, divided in 17 sectors among nine sedimentary basins: Barreirinhas, Ceará, Parnaíba, Espírito Santo, Foz do Amazonas, Pará-Maranhão, Potiguar, Recôncavo and Sergipe-Alagoas.

Detailed information is available in English at the official website Brasil-Round 11, from the National Agency of Petroleum, Natural Gas and Biofuels (ANP).