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Brazil's ANP auctions 300+ oil and gas blocks in record licensing round
Valor Econômico·BR·1 day ago
Brazil's ANP awarded Prio the Magnetita and Hematita blocks in the Campos Basin pre-salt, with oil surplus bids of 32.80% and 7.18% respectively, both above minimums. Equinor won the Rubi block. This expands Prio's pre-salt portfolio, signaling continued upstream investment in Brazil's offshore sector.