The
ANP
did
not
specify
what
specific
acreage
might
be
included
in
the
cycle,
to
start
in
2014,
but
did
say
areas
with
unconventional
potential
would
be
excluded.
Brazil’s
Mines
and
Energy
Ministry
will
also
form
a
committee
with
ANP
representation
to
“increase
participation
of
small
and
midsize
businesses
in
exploration
and
production
activities
in
the
country.”
The
revitalisation
of
such
onshore
fields
have
historically
drawn
little
interest
as
Petrobras
and
global
supermajors
are
spending
billions
to
exploit
Brazil’s
enormous
offshore
bounty.
A
law
passed
in
2010
stipulated
that
authorities
work
to
get
smaller…