Conteúdo Local: ANP discute transformar multa em novos investimentos entre outras alterações

Local Content: ANP Discusses Turning Fines into New Investments Among Other Changes

Written by Flavia Marinho

Published on 08/07/2020 at 14:59

Updated on 08/07/2020 at 15:02

ANP discute transformar multa em novos investimentos entre outras alterações no conteúdo local

Be the first to react!

In Total, ANP Aims to Open Three Public Consultations to Discuss Local Content Rules Currently Applied in Oil and Gas Contracts

A very controversial topic has sparked considerable discussion in the natural oil and gas sector: local content, the percentage that companies are required to contract here in Brazil for each awarded contract. Based in Macaé, Oil States Brasil Recovers Submarine Pipeline in the Campos Basin

Read Also

The ANP, the regulatory agency overseeing sector activities in our country, is opening three public consultations aimed at discussing changes to the rules regulating the minimum national content applied in oil and natural gas exploration and production contracts.

ARTICLE CONTINUES BELOW

See also

The first involves, through TACs (Terms of Conduct Adjustment), making sure that fines imposed for non-compliance with the indices in completed contracts are redirected into new investments in the Brazilian oil and gas industry.

During these pandemic times, all consultations will occur in a virtual format. The public hearing on this topic will take place on September 25 and will be valid for a period of 60 days.

The second public consultation in the oil and gas sector will also be available for 60 days and will seek to gather contributions on the proposed resolution that regulates the local content criteria to be adopted in the agreement and the commitment to individualizing production and area annexation. This hearing is scheduled for September 15.

Finally, the third consultation concerns a proposed resolution to simplify the submission of information regarding local content.

The ANP aims to eliminate the use of two distinct methods for presenting local content reports, with different parameters and frequency. The period for this consultation is shorter and will be open for 45 days, with the public hearing taking place on September 9.

Local Content: ANP Discusses Turning Fines into New Investments Among Other Changes

In Total, ANP Aims to Open Three Public Consultations to Discuss Local Content Rules Currently Applied in Oil and Gas Contracts

Read Also

Mayor orders wireless network turned off in municipal schools due to fear of electromagnetic radiation in children, replaces connection with Ethernet cables, and transforms small Italian city into a symbol of technological panic.

Goodbye traditional washing machine: Xiaomi surprises and launches an ultra-slim version with 27 programs, 3D water flow, steam sterilization, app control, enlarged drum, and a silent system with double suspension

An entire country within the mountains is selling water to Africa’s largest economy: Lesotho builds dams, tunnels, and bridges at an altitude of 2,000 meters to send more than 1.27 billion m³ per year to Johannesburg

Toyota ends the Diesel era: new Hilux with up to 380 km of urban range brings 196 hp, 59.2 kWh battery, 4×4 traction and 715 kg of load capacity

An unmanned Russian ship has been drifting in the Mediterranean for 57 days with 60,000 tons of gas — the second towing attempt has just failed.

With an 88-meter wingspan, a capacity of 250 tons, six engines, and 32 wheels, the Ukrainian giant became the greatest symbol of extreme air transport and one of the most impressive machines in aviation history.

A single machine aims to replace the laundry room, steam closet, and robot vacuum cleaner: Dreame unveils a 6-in-1 tower with four washer-dryers, a clothing closet, and a cleaning robot hidden in the base.

Pix could become a headache between Brazil and the US, and the Lula government will go to the White House to explain the system before pressure mounts.

A ship that departed from China unloads 90 electric buses at the Port of Vitória, takes the fleet to the DF in batches of 15 vehicles, and begins a renovation that promises to serve 67,000 passengers per day in Brasília.

A doorman earning BRL 1,620 and living with his family in a single room discovers 5 companies opened in his name, sees his debt exceed BRL 8 million, and is trying to prove he became a straw man in a scheme involving copied and pasted signatures.

Chile approves US$5 billion megaproject to draw almost 1.7 million tons of water from the Pacific every day, desalinate the sea and push the resource 480 km to cities and mining companies in the world’s driest desert.

Local Content: ANP Discusses Turning Fines into New Investments Among Other Changes

In Total, ANP Aims to Open Three Public Consultations to Discuss Local Content Rules Currently Applied in Oil and Gas Contracts

Read Also

Mayor orders wireless network turned off in municipal schools due to fear of electromagnetic radiation in children, replaces connection with Ethernet cables, and transforms small Italian city into a symbol of technological panic.

Goodbye traditional washing machine: Xiaomi surprises and launches an ultra-slim version with 27 programs, 3D water flow, steam sterilization, app control, enlarged drum, and a silent system with double suspension

An entire country within the mountains is selling water to Africa’s largest economy: Lesotho builds dams, tunnels, and bridges at an altitude of 2,000 meters to send more than 1.27 billion m³ per year to Johannesburg

Toyota ends the Diesel era: new Hilux with up to 380 km of urban range brings 196 hp, 59.2 kWh battery, 4×4 traction and 715 kg of load capacity

An unmanned Russian ship has been drifting in the Mediterranean for 57 days with 60,000 tons of gas — the second towing attempt has just failed.

With an 88-meter wingspan, a capacity of 250 tons, six engines, and 32 wheels, the Ukrainian giant became the greatest symbol of extreme air transport and one of the most impressive machines in aviation history.

Oil sees sharp drop after rumors of a deal between the United States and Iran raise hopes for an end to the war in the Middle East.

Brazil’s oil production soars and hits an all-time high for the second consecutive month, driven by the pre-salt and the advancement of energy sector giants.

Oil price falls even with Trump’s threats to Iran and rising geopolitical tensions in the Middle East impacting global market expectations.

China discovers more than 200 new oil and gas fields in the last five years

Petrobrás indicates a strong first quarter in 2026 with high production, robust cash generation, and an expectation of up to $2.4 billion in dividends for shareholders.

A single machine aims to replace the laundry room, steam closet, and robot vacuum cleaner: Dreame unveils a 6-in-1 tower with four washer-dryers, a clothing closet, and a cleaning robot hidden in the base.

Pix could become a headache between Brazil and the US, and the Lula government will go to the White House to explain the system before pressure mounts.

A ship that departed from China unloads 90 electric buses at the Port of Vitória, takes the fleet to the DF in batches of 15 vehicles, and begins a renovation that promises to serve 67,000 passengers per day in Brasília.

A doorman earning BRL 1,620 and living with his family in a single room discovers 5 companies opened in his name, sees his debt exceed BRL 8 million, and is trying to prove he became a straw man in a scheme involving copied and pasted signatures.

Chile approves US$5 billion megaproject to draw almost 1.7 million tons of water from the Pacific every day, desalinate the sea and push the resource 480 km to cities and mining companies in the world’s driest desert.