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Brazil Seeks to Auction 2 Santos Blocks

By  AOG Staff Wednesday, 28 March 2018 19:00
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File Image (CREDIT: AdobeStock / (c) Donvictorio)
File Image (CREDIT: AdobeStock / (c) Donvictorio)
Brazilian oil Secretary Marcio Felix said on Thursday the ministry will seek to auction two choice oil blocks located in the offshore Santos basin in a June pre-salt auction.
 

The two blocks were eliminated from Thursday''s auction by a surprise court decision on Wednesday. He also said the ministry expects to rake in 6.9 billion reais through Thursday and the June auctions, including those blocks.

 

Reporting by Alexandra Alper  

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