Signing bonus for Brazil's pre-salt oil auction set at $26.9 billion: economy minister [Reuters]
Petroleo Brasileiro S.A.- Petrobras American Depositary Shares (PBR.A)
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Source: Reuters
Signing bonus for Brazil's pre-salt oil auction set at $26.9 billion: economy minister - Reuters 1 Min Read BRASILIA (Reuters) - Brazil’s government will require a signing bonus of 106 billion reais ($26.9 billion) in an auction of exceeding oil from the pre-salt fields scheduled for Oct 28, Economy Minister Paulo Guedes said on Wednesday. Companies bidding would also have to compensate state-run oil company Petrobras for investments that Petrobras already made in the blocs. The auction comes after the settlement of a long-running dispute between Petrobras and the Brazilian government about one of the world’s most promising offshore oil areas. Reporting by Tatiana Bautzer All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š 2019 Reuters. All Rights Reserved. Signing bonus for Brazil's pre-salt oil auction set at $26.9 billion: economy minister BRASILIA (Reuters) - Brazil’s government will require a signing bonus of 106 billion r
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