Share on LinkedInShare on LinkedIn

ARTICLE · 16 JULY 2013

Memorandum – Infrastructure (04/07/2013)

Mattos Filho, Veiga Filho, Marrey Jr. e Quiroga Advogados
Explore more from Mattos Filho, Veiga Filho, Marrey Jr. e Quiroga Advogados

Brazil′s energy policy council, CNPE, recently published Resolution No. 5, establishing the financial and technical parameters for the first bid-round for Brazil′s offshore pre-salt areas.

BrazilEnergy and Natural Resources
Giovani Loss
Giovani Loss
Pablo Sorj
Pablo Sorj
Bruno Werneck
Bruno Werneck

CNPE Approves Financial and Technical Parameters for Upcoming Pre-Salt Bid Round

CNPE RESOLUTION No. 5/2013

Brazil′s energy policy council, CNPE, published today CNPE Resolution No. 5, establishing the financial and technical parameters for the first bid-round for Brazil′s offshore pre-salt areas.

Important issues include:

Signature bonus

The signature bonus to be paid to the Government was fixed at R$15 billion (approximately US$7.5 billion).

Government take

The calculation of the percentage of oil destined for the Government must consider the signature bonus, development in individualized production modules, and the cash flow during the contract.

The minimum percentage of the government take to be offered is 40%, assuming a price per barrel of oil of US$105.00.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

Decree No. 13,097/2026 | Opening Of The Free Electricity Market

Brazil's Decree No. 13,097/2026 opens the free electricity market to approximately 90 million low-voltage consumers, including households and small businesses, marking a transformative shift in how electricity is contracted. The regulation establishes a phased implementation schedule beginning in 2027, with specific requirements for migration between regulated and free contracting environments.
BrazilEnergy and Natural Resources
Mayer Brown
Mayer Brown
Article

Sustainable Aviation Fuel (SAF): ANAC Launches Public Consultation Following The Issuance Of The Regulatory Decree

Brazil's National Civil Aviation Agency has opened public consultation on draft regulations for monitoring and verifying CO₂ emissions from domestic flights under the National Sustainable Aviation Fuel Program. Air operators emitting 10,000 tonnes or more annually will need to comply with escalating emissions reduction targets starting at 1% in 2027 and reaching 10% by 2037, primarily through retiring SAF Sustainability Certificates or alternative compliance mechanisms including lower carbon aviation
BrazilEnergy and Natural Resources
Mayer Brown
Mayer Brown
Article

Law No. 15,506/2026 Enacted: National Policy On Critical And Strategic Minerals

Brazil has enacted comprehensive legislation establishing a National Policy on Critical and Strategic Minerals, creating new regulatory frameworks that will fundamentally reshape how mining companies operate in the country. The law introduces mandatory revenue allocations, a new guarantee fund structure, and a council with broad approval powers over corporate transactions and international agreements.
BrazilEnergy and Natural Resources
Mayer Brown
Mayer Brown
Article

Fertilizantes, etanol e agrotóxicos ganham novas regras no MAPA; confira a newsletter

Brazil's agricultural sector faces significant regulatory changes as new legislation introduces tax credits for fertilizer production and ethanol subsidies, while the Ministry of Agriculture updates laboratory protocols and import/export procedures for agricultural inputs. These developments reshape compliance requirements and operational frameworks for agribusiness stakeholders navigating fertilizer manufacturing, biofuel production, and agricultural product trade.
BrazilEnergy and Natural Resources
KLA Advogados
KLA Advogados
Article

Regulation Of Methane Emissions In The Oil And Gas Industry: European Commission Recommendation And Brazil’s Progress On The Regulatory Agenda

The European Commission has issued recommendations allowing Member States to temporarily suspend fines on fossil fuel importers who fail to meet methane emission reduction obligations under EU Regulation 2024/1787, while Brazil advances its own regulatory framework through the ANP. This three-year grace period (2027-2029) comes amid industry pressure and energy security concerns, even as substantive monitoring and mitigation requirements remain in force. Brazilian producers and exporters face mounting press
BrazilEnergy and Natural Resources
Mayer Brown
Mayer Brown
Article

Permanent Offer: ANP Announces Sectors And Blocks For New Cycles

Brazil's National Agency for Petroleum, Natural Gas, and Biofuels has unveiled the largest permanent offer cycles to date, announcing 22 exploration block sectors and 2 marginal accumulation sectors under the concession regime, alongside 13 blocks under the production sharing regime. With public sessions scheduled for October 7, 2026, companies have until August 31, 2026, to submit expressions of interest for participation in these significant oil and gas bidding opportunities.
BrazilEnergy and Natural Resources
Mayer Brown
Mayer Brown