Brazil’s latest oil auction signaled a revival in offshore exploration, with Petrobras, Equinor, and Chinese firms among the winners. The pre-salt round saw five of seven blocks awarded, underscoring renewed deepwater interest despite soft crude prices and cautious global spending.
Brazil’s ANP overhauls rules for assigning E&P contracts, scraps partnership review committee
A new resolution replaces the framework in force for more than five years for farm-outs, operator...
