Been doing a little digging into Brazilian Energy auctions. The Oil and gas Auction, scheduled for earlier this year was postponed due covid, and is now expected on the 3 Dec. the presalt areas ie Santos, campos and all the major oilers mentioned in the GEV corporate presentation are acknowledged in the news link. Wondering if 3 December auction announcements will play an integral role in GEV news? Assuming any bids would have included some consideration for CNG ??
that said, I’m not overly familiar with Brazilian auctions, so any thought would be appreciated.
https://www.upstreamonline.com/exploration/brazils-anp-sets-date-for-second-permanent-offer-bid-round/2-1-873788
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