ANP Requests Extension of Petrobras' Marlim Rights
Brazil's oil industry regulator ANP on Thursday asked the government to extend the concession to operate the giant Marlim offshore oil field of state-run oil company Petroleo Brasileiro SA that is scheduled to expire in 2025.
In October, Marlim, in the Campos Basin east of Rio de Janeiro, produced an average 204,000 barrels a day of oil and natural gas equivalent making it Brazil's No. 5 oil field by output, according to ANP data.
(Reporting by Marta Nogueira)
