ANP, Brazil’s National Petroleum Agency, announced the winners of its 11th licensing round. There were 289 blocks (150,000 sq km) up for bid. Thirty high bids were accepted, about US$1.4 billion in revenue, ANP said. Total offered the highest bid for a single block, US$171.4 million (R$345.950 million), for Block FZA-M-57, in the Foz do Amazonas Basin. Total (40%) will operate with partners Petrobras (30%) and EOC BP (30%).
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