ANP Prepares A New Bid Round For Exploration Of Oil And Natural Gas

Author:Kincaid Mendes Vianna Advogados
Profession:Kincaid | Mendes Vianna Advogados

The Brazilian National Council of Energy Policy approved last December, the recommendation so that ANP may conduct the 13th bid round of exploratory blocks of oil and natural gas.

The forecast is that the next bidding process will be concentrated on the eastern edge of the country extending from the State of Rio Grande do Norte as far as the State of Rio Grande do Sul. The ANP's proposal is to offer areas in mature basins, shallow waters and new offshore frontiers.

In addition to these areas, inactive areas presented to the market in August 2014 shall be also included. This list had in total ten onshore areas, with different profiles distributed in the basins of Recôncavo (4), Espírito Santo (3), Tucano Sul (1), Paraná (1)...

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