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5 more oil companies want the auction of the transfer of rights surplus

Written by Renato Oliveira
Published 28/03/2019 às 01:00

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Petrobras and the onerous assignment
Onerous assignment and pension reform

Agenda of meetings took place this last Wednesday (27/03) at the Ministry of Mines and Energy and aims to present rules and profile of opportunities to new interested parties

The auction of the transfer of rights surplus continues to attract the attention of national and foreign oil companies, it is the continuation of a schedule of meetings in a road show system, aimed at discussing the details of the auction.
The meetings always take place with only one person interested at a time, plus the Secretary of Oil and Gas, Márcio Félix, the president of PPSA, Ibsen Flores, the director of the ANP, Felipe Kury, and the secretary of Finance, Waldery Rodrigues Junior.

The meetings take place in Brasília, at the Ministry of Mines and Energy, and the executives, João Guilherme Clark Filho (Ecopetrol); Nelson de Queiroz (PetroRio), Christoph Johannes Schlichter​ (DEA); Gerhard M. Haase​ (Wintershall); and Vivek Sheel (ONGC​).
Initially, the government scheduled the auction for the 28th of October and Petrobras has already stated that a postponement would cause financial and technical losses, as interested parties could invest elsewhere, with the country losing these opportunities.

Favor exchange

The Onerous Assignment has dominated the negotiation circles in Congress, in the last forum of governors with the Minister of Economy, Paulo Guedes, part of them requested a division of the assignment of royalties and signing bonuses with states and municipalities.

The minister was adamant, he only accepts transferring oil resources to all states and municipalities if there is support for Social Security reform.

Paulo Guedes even stated that without the reform he would be equal to the governors, that is, “broken” and that in this way it would be each one for himself taking care of his respective problem.
The Minister of Mines and Energy, Bento Albuquerque, abstained on the subject and said that "this matter would not be his responsibility and that he is not responsible for the distribution".

According to Paulo Guedes, the resources from the transfer of rights should be available in September or October and that the government's intention is to divide the resources if the government's accounts are balanced, hence the need for the governors to support the pension reform.

The Brazilian state-owned company agrees with the terms for the Búzios V FPSO, while it intends to close a contract for another Mero-2 float! Read the full article here!

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Renato Oliveira

Production Engineer with a postgraduate degree in Manufacturing and assembly of pipelines with 30 years of experience in inspection/manufacturing/assembly of pipelines/tests/Planning and PCP and commissioning in shipbuilding/offshore (conversion of FPSO's hulls and topsides modules) in the largest national shipyards and 2 years in a Japanese shipyard (Kawasaki) inspecting and accompanying fabrication and assembly techniques of structures/pipes/outfittings (advanced finishing) for hull from Drillships.

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