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ARTICLE · 01 AUGUST 2018

Brazil O&G Permanent Offer – Tender Protocol And Concession Contracts

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On July 20, 2018, following a period of public consultation, the National Agency of Petroleum, Natural Gas and Biofuels ("ANP") published the tender protocol of the Permanent Offer of areas...

BrazilEnergy and Natural Resources

On July 20, 2018, following a period of public consultation, the National Agency of Petroleum, Natural Gas and Biofuels ("ANP") published the tender protocol of the Permanent Offer of areas under the concession regime for exploration or rehabilitation and production of oil and gas ("Tender Protocol"), as well as the concession contract models for (i) blocks with exploratory risk and (ii) areas with marginal accumulation.

The guidelines for the Permanent Offer of areas were established by Article 4 of CNPE Resolution No. 17 of June, 2017, in which the National Energy Policy Council ("CNPE") authorized the ANP to offer non-awarded or relinquished areas from past bid rounds, with the exception of fields or blocks in the pre-salt area or other strategic areas.

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