The development stages:Licensing/2015-10.REC-T-164 is an onshore area of 13,88 square kilometers in the SREC-T3 sector of the Reconcavo basin. Tarmar Energia e Participações Ltda (100%) is the current owner and operator of the block. Tarmar also acquired three other blocks in the same sector, namely, REC-T-152, REC-T-178 and REC-T-236. As established in the 13th bidding round rules, local content for the exploration phase is set at 80% and for the development phase 85%.