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28 Nov 20
Brazil: ANP announces details of 17th Bidding Round
Brazil's ANP has announced details of the 17th Bidding Round, in which ninety-six blocks will be offered in the Campos, Pelotas, Potiguar and Santos Sedimentary Basins, totaling 54,000 sq km. Deadline for submission of bids is October 7 2021.
27 Nov 20
Guyana: Frontera Energy announces rescheduling of work commitments in the Corentyne Block, Guyana
Frontera Energy and CGX Energy have announced that their constructive and collaborative discussions with the Government of Guyana have been concluded with respect to the Corentyne block with a rescheduling of the JV's work commitments.
27 Nov 20
Brazil: Petrobras approves Strategic Plan 2021-2025
Petrobras has approved the Strategic Plan for the five-year period 2021-2025 (SP 2021-25). The plan maintains the 5 pillars that support the implementation of the company's set of strategies: (i) Maximization of the return on capital employed; (ii) Reduction of the cost of capital; (iii) Relentless search for low costs and efficiency; (iv) Meritocracy and (v) Safety, health, respect for people and the environment.
27 Nov 20
Bahamas Petroleum provides update on Perseverance-1 cost estimate and funding update
Bahamas Petroleum Company (BPC) has provided an update on cost estimates and funding arrangements for well operations in The Bahamas.

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