Brazilian authorities responsible for promoting a major licensing push are sticking to their aggressive four-round schedule for 2017, defying suggestions that delays in defining local content rules might slow progress.
With a government committee thrashing out the final details of the rules that will govern local content commitments written into future concessions and production sharing contracts in Brasilia, the head of the country’s hydrocarbons regulator, Decio Oddone, remained bullish about the events ahead.
“We
