Petrobras highest bidder on 22 GoM blocks

March 20, 2008
Petrobras was the highest bidder on 22 blocks in MMS's Lease Sale 206.

Offshore staff

RIO DE JANEIRO -- Petrobras was the highest bidder on 22 blocks in MMS's Lease Sale 206.

Of the 22 blocks, Petrobras secured 100% stakes and operatorship for 11. The remaining blocks were acquired in a 50/50 partnership with Devon Energy. Petrobras will operate four of them, while its partner will operate seven.

03/20/2008