Brazilian multinational corporation Petrobras Monday launched the sale of two sets of onshore concessions, Kallanish Energy learns.
The concessions are located in the northeastern state of Bahia, where Petrobras is operator and fully owns all but two concessions.
Oil and gas exploration company GeoPark announced Wednesday the acquisition of two blocks in Ecuador, Kallanish Energy reports.
The purchase is the first investment in Ecuador for the company, headquartered in Chile, with operations in other South American countries.
