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ARTICLE · 10 OCTOBER 2017

Opportunities In Oil & Gas

TozziniFreire Advogados
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A group of operational assets are in the brink of an opportunity to strengthen their attractiveness as targets for potential M&A.

BrazilEnergy and Natural Resources
Leonardo Miranda
Leonardo Miranda
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Oil & Gas / Mergers & Acquisitions

A group of operational assets are in the brink of an opportunity to strengthen their attractiveness as targets for potential M&A.

A one-off, but substantial, revision of the "Local Content" (CL) rules was brought into public discussion by the regulator ANP (Brazilian Agency of Petroleum) proposing the adoption of the most recent CL rules (14th Bidding Round) in the previously executed agreement (since 7th Bidding Round until the 13th); and, in return, it also searches a solution for the operational imbroglio imposed to ANP by countless requests for waiver of Local Content obligation that have already been submitted (and not definitely decided) or that could be submitted.

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