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ARTICLE · 03 DECEMBER 2020

17th Concession Bid Round – Tender Protocol And Concession Contract Drafts

Mayer Brown
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On November 27, 2020, Brazil's National Agency of Petroleum, Natural Gas and Biofuels published the draft tender protocol for the 17th Concession Bid Round for exploratory blocks, establishing the procedures ...

BrazilEnergy and Natural Resources
Bruno Triani Belchoir
Bruno Triani Belchoir
Leandro Duarte
Leandro Duarte
Bárbara Eiroa Leite
Bárbara Eiroa Leite
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On November 27, 2020, Brazil's National Agency of Petroleum, Natural Gas and Biofuels ("ANP") published the draft tender protocol ("Draft Tender Protocol") for the 17th Concession Bid Round ("17th Bid Round") for exploratory blocks, establishing the procedures and rules for participation in the bid, as well as the concession contract draft, the preliminary schedule, and information regarding the offered areas.

The 17th Concession Bid Round was temporarily suspended in April 2020 due to the COVID-19 pandemic and was resumed by the ANP after a decision of the National Energy Policy Council ("CNPE") to hold the bid round in 2021, as detailed in our previous Legal Update on CNPE Resolution No. 07/2020.

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Founded in 2001, Tauil & Chequer Advogados is a full service law firm with approximately 90 lawyers and offices in Rio de Janeiro, São Paulo and Vitória. T&C represents local and international businesses on their domestic and cross-border activities and offers clients the full range of legal services including: corporate and M&A; debt and equity capital markets; banking and finance; employment and benefits; environmental; intellectual property; litigation and dispute resolution; restructuring, bankruptcy and insolvency; tax; and real estate. The firm has a particularly strong and longstanding presence in the energy, oil and gas and infrastructure industries as well as with pension and investment funds. In December 2009, T&C entered into an agreement to operate in association with Mayer Brown LLP and become "Tauil & Chequer Advogados in association with Mayer Brown LLP."

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This article provides information and comments on legal issues and developments of interest. The foregoing is not a comprehensive treatment of the subject matter covered and is not intended to provide legal advice. Readers should seek specific legal advice before taking any action with respect to the matters discussed herein.

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