Wood Mackenzie

Brazil's Round 15 closes on the heels of two successful rounds in 2017. Brazil awarded roughly half of the offshore blocks on offer and continues its aggressive licensing push. Research Director, Horacio Cuenca, and Research Manager, Maria Cortez, sit down to discuss the results in the context of the upstream Latin America space. Read more on our website: Could a bidding war erode Brazil's pre-salt value? https://www.woodmac.com/news/editorial/could-a-bidding-war-erode-brazils-pre-salt-value/