Rocha, Katia; Dias, Marco Antonio Guimarães; Teixeira, … - Instituto de Pesquisa Econômica Aplicada (IPEA), … - 2015
Petroleum exploration in Brazil is performed throughout a bidding process coordinated by the National Petroleum Agency (NPA), where the exploration and production (E&P) firms need to evaluate concessions performing financial and economic analyses routinely. Since oil is a public resource with...