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Brazil prepares for a big win

12Set2019Sep12,2019
Infraestrutura e Energia; Óleo e Gás
Petroleum Economist

Brazil has significantly liberalised its upstream sector and established a far more investor-friendly business climate since the Lava Jato-led corruption investigation sparked regime change. Brazil held six bidding rounds during 2017-18 alone, including five that focused on the prolific pre-salt region. These six auctions resulted in the sale of 72 blocks and achieved $7.5bn in signature bonuses. Click here to learn more.

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