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ANP Will Decide Today How the 5th Pre-Salt Bidding Round Will Be Conducted

Written by Flavia Marinho
Published on 13/07/2018 at 20:00
5ª Rodada de Licitações do Pré-sal
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Today, the National Agency of Petroleum (ANP) Held a Meeting to Decide How the Parameters for the 5th Bidding Round of Pre-salt Will Be Defined.

The National Agency of Petroleum (ANP) and representatives of the federal government met today at 2 PM in a meeting to define how the 5th Bidding Round of Pre-salt will be organized. In this meeting, all the pros and cons regarding the agenda were discussed, as the areas of Saturn, Titan, Pau-Brasil, and Southwest of Green Turtle are at stake. The project organizers are optimistic because in the last bidding round, approximately R$ 3.15 billion was raised in the 4th pre-salt round.

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Auction Forecast

The auction is scheduled for September 28, 2018, and the ANP expects to have everything ready by this date. The potential for profits is very high, as the federal government expects to make around R$ 7 billion from the 5th pre-salt sharing round. The exploration fields mentioned at the beginning of the article are promising and have the potential to be explored for a long time.

Job Creation

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The federal government, according to statements made throughout the year, claims that the auctions will ensure the heating of the national economy and will place the Brazilian O&G sector among the main high-value assets in global business.

They also state that the number of job opportunities will be very large in offshore, onshore, and their subsidiaries. Professionals in the O&G sector are anxious, awaiting the unfolding of the auction and hoping for good news. The expectation among energy professionals is for the possibility of an immediate return to the job market. Click HERE on the link to read one of our new posts about job possibilities in Brazil.

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Flavia Marinho

Flavia Marinho is a postgraduate engineer with extensive experience in the onshore and offshore shipbuilding industry. In recent years, she has dedicated herself to writing articles for news websites in the areas of military, security, industry, oil and gas, energy, shipbuilding, geopolitics, jobs, and courses. Contact flaviacamil@gmail.com or WhatsApp +55 21 973996379 for corrections, editorial suggestions, job vacancy postings, or advertising proposals on our portal.

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