Brazil’s National Oil, Natural Gas, and Biofuels Agency (ANP) sold three of the four blocks offered as part of the fourth pre-salt auction, carried out today (Jun. 7). Bonuses added up to $807.7 million.
The 14th licensing round for oil blocks promoted by Brazil's national oil regulator ANP closed out with a total $1.2 billion raised—the highest amount in history, with an average premium of 1,556.05% (difference between the minimum value and what was actually collected).
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