Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 19 APRIL 2011

New Concession Contract in Brazil

Mayer Brown
Mayer Brown
Contributor
Mayer Brown

Mayer Brown

Mayer Brown is a leading international law firm positioned to represent the world’s major...

View firm profile
Explore more from Mayer Brown

On March 16, 2011, the Brazilian National Agency of Petroleum, Natural Gas and Biofuels (ANP) has submitted to public comments and suggestions the draft of a new Concession Contract for Exploration and Production of Oil and Natural Gas (Draft Concession Contract) to be used in future bidding rounds for exploratory blocks in Brazil.

BrazilEnergy and Natural Resources
Alexandre R. Chequer
Alexandre R. Chequer
Bruno Triani Belchoir
Bruno Triani Belchoir
Leonardo Costa
Leonardo Costa
Fernando Fernandes Xavier
Fernando Fernandes Xavier
Author LinkedIn connections
Originally published March 25, 2011

Keywords: ANP, draft concession contract, exploration of oil and natural gas, pre-salt reserves

On March 16, 2011, the Brazilian National Agency of Petroleum, Natural Gas and Biofuels (ANP) has submitted to public comments and suggestions the draft of a new Concession Contract for Exploration and Production of Oil and Natural Gas (Draft Concession Contract) to be used in future bidding rounds for exploratory blocks in Brazil. The Draft Concession Contract is directed only to areas that are not located within the Brazilian pre-salt reserves, which are now subject to a specific production sharing regime.

The publication of the Draft Concession Contract is consistent with ANP's recent announcements that a bidding round was expected to occur in 2011, which will end the industry's long wait since Brazil Round 10 was held at the end of 2008. At that time, discussions in Congress concerning the pre-salt reserves prevented ANP

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

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

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

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

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

Brazil's Oil Industry Weighs Fresh Legal Challenge To Export Tax

Brazil's oil industry is preparing potential legal action after the government extended its controversial 12% crude export tax through administrative decree, with producers arguing the move undermines claims the levy was needed for fuel subsidies and instead reveals it as primarily a revenue-raising measure. The extension has deepened concerns over regulatory instability and legal certainty, with industry experts warning that the tax is already causing companies to postpone billions in investment plans desp
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
Article

DOL Announces Enforcement Actions Against Employers In H-1B And PERM Fraud Probe

The Trump Administration has launched an unprecedented enforcement action suspending permanent labor certification processing for eight major employers, linking immigration sponsorship to layoff histories and recruitment practices. This development signals a fundamental shift in how the government evaluates employer access to H-1B and green card programs, with investigations already underway and subpoenas served.
United StatesEmployment and HR
Mayer Brown
Mayer Brown
Article

Trump Administration Announces New Enforcement Actions Against Employers In H-1B And PERM Fraud Probes

The Trump Administration has launched an unprecedented investigation into H-1B visa and PERM labor certification programs, with the Department of Labor's Office of Inspector General issuing dozens of subpoenas and suspending employers' ability to process applications. Federal agencies are deploying new enforcement tools including whistleblower programs and criminal prosecution threats...
United StatesImmigration
Mayer Brown
Mayer Brown
Article

Landmark DoorDash Settlement Confirms NYC DCWP’s Aggressive Enforcement Posture

New York City's Department of Consumer and Worker Protection secured a landmark $131.5 million settlement with DoorDash, marking the largest worker settlement in the city's history and the largest involving food delivery workers nationwide. The agreement provides over $115 million in direct compensation to more than 260,000 delivery workers who were underpaid, unpaid, or paid late, while establishing a comprehensive three-year compliance monitoring program.
United StatesEmployment and HR
Mayer Brown
Mayer Brown
Article

SEC Staff Statement On Fair Value Measurement And Disclosure Considerations For Private Assets

The SEC Staff has issued new guidance addressing fair value measurement and disclosure practices for private credit and other illiquid assets held by registered funds and business development companies. As private credit portfolios have grown nearly 60% since 2020, reaching $270 billion, regulators emphasize the critical importance of robust valuation methodologies, transparent disclosure of significant judgments, and careful application of accounting standards when market prices are unavailable.
United StatesAccounting and Audit
Mayer Brown
Mayer Brown
Article

Contracting Opportunities And Challenges For Emerging Agentic AI Companies

Emerging providers of AI agents face unique contracting challenges as autonomous AI tools evolve beyond traditional SaaS models. This analysis examines critical issues in defining agent authority, structuring pricing models, calibrating warranties, and navigating regulatory uncertainty. How should providers balance customer expectations with the unpredictable nature of autonomous AI systems?
United StatesMedia, Telecoms, IT, Entertainment
Mayer Brown
Mayer Brown