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Brazil Country Overview Report (CORE)

The Welligence Country Overview Report (CORE) offers a comprehensive overview of the E&P sector in the country and like the rest of our platform, it…

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Another record-breaking onshore deal in Brazil – 3R Petroleum takes the Potiguar Cluster

As we anticipated in our previous report where Grupo Cobra took the Carmopolis Cluster for US$1.1 billion, more sizeable Petrobras divestments were coming. And at…

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Americas Upstream M&A Report — Q4 2021

With expectations of oil price stability, the market for Upstream M&A could be set for some big announcements – as usual, Brazil will dominate. This…

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Brazil M&A | Brazil’s biggest ever onshore deal – Carmo Energy takes Carmopolis

One of the biggest impacts of Petrobras’ divestment program is the creation of a sizeable independent E&P sector in Brazil – it’s starting to rival…

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Brazil Licensing | Petrobras and Majors bid aggressively in Brazil’s Surplus ToR offering

The results of last Friday’s 2nd Surplus Transfer of Right (“ToR”) Round are a big success for the ANP. Not only were both Atapu and…

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Latin American oil auctions kick off after two-year lull

“The last two years have been hard for the region,” said Andres Armijos, the Latin America chief at energy consultancy Welligence. “There is now the…

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Brazil Licensing | Will anyone bid in Brazil’s 2nd Surplus Transfer of Rights Round?

In just over a month, companies will have a chance to pick up world-class pre-salt reserves in Brazil’s 2nd Surplus Transfer of Rights round, set…

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Brazil’s Atapu and Sepia Surplus ToR opportunities – will the industry bite?

What will industry appetite be for the Atapu and Sepia Surplus ToR opportunities? The assets have been made available again following the absence of bids…

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Americas M&A Report – Market heats up: Petrobras set to bring in US$5 billion+ as deals pick up speed

In the latest update of our Americas M&A tracker, which covers the US Gulf of Mexico, Latin America and the Caribbean, we have identified approximately…

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Brazil Licensing | Round 17 belongs to Shell – what did the company see that others missed?

Brazil’s Round 17 was underwhelming. Only five blocks (out of 92) were awarded, no competitive bidding took place, and only two companies (Shell and Ecopetrol)…

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