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Brazil upstream news

 

ANP suspends 17th Bidding Round

ANP announced the suspension in compliance with a request from the country's Ministry of Mines and Energy.

 
 

Petrobras cuts spending

The company will reduce planned investments for 2020 from US$12 billion to US$8.5 billion.

 

PGS begins survey in Campos Basin

The Campos Deepwater GeoStreamer X project will deliver long offset, multi-azimuth seismic data over the deepwater portion of the northern Campos Basin.