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ARTICLE · 11 JUNE 2013

Memorandum – Infrastructure (03/06/2013)

Mattos Filho, Veiga Filho, Marrey Jr. e Quiroga Advogados
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The Brazilian National Agency for Petroleum, Natural Gas and Biofuels published a draft regulation setting forth guidelines for the rules to be adopted in bid rounds for Pre-Salt and strategic areas, which exploration and production rights will be granted under the production sharing regime.

BrazilEnergy and Natural Resources
Nilton Mattos
Nilton Mattos
Felipe Feres
Felipe Feres

One week after the Brazilian National Council on Energy Policy authorized the First Pre-Salt Bid Round, last Friday, May 31st, the Brazilian National Agency for Petroleum, Natural Gas and Biofuels ('ANP') published a draft regulation setting forth guidelines for the rules to be adopted in bid rounds for Pre-Salt and strategic areas, which exploration and production rights will be granted under the production sharing regime ('Draft Regulation').

According to the Draft Regulation, the tender protocol will be published in the Official Gazette upon approval by the Brazilian Ministry of Mines and Energy (MME), and will contain the following information, among others:

  • information on the areas to be offered in the relevant bid round;

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