The development stages:Exploration drilling/2015-12.PN-T-103 is an onshore 3,062 square kilometers area in sector SPN-N of the Parnaíba basin. The block is owned by a consortium in which Parnaíba Gás Natural (PGN) is the operator and holds a 65% stake, whereas Engie holds the remaining 35%. The consortium also acquired PN-T-101 block in the same sector and basin. The 13th bidding round established a requirement of 70% local content for the exploration phase and 77% for the development phase.