Ministry of Mines and Energy Proposes Changing Bidding Model for Pre-Salt Areas, Including Blocks from the Polygon in Permanent Offering

Written by Valdemar Medeiros

Published on 24/08/2021 at 11:53

A compensação financeira aos governos é a mesma cobrada dos campos localizados no pós-sal (Foto: Pércio Campos/Agência Petrobras)

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Ministry Of Mines And Energy (MME) Has Until The End Of The Year To Present A Resolution To CNPE To Change The Bidding Model For Pre-Salt Areas Including Blocks Of The Polygon In Permanent Offer

The Ministry Of Mines And Energy (MME) must present to the National Energy Policy Council (CNPE), by the end of the year, a resolution that includes the blocks of the pre-salt polygon in permanent offer, according to words from the MME director himself this Monday (24). By law, the areas of the pre-salt polygon must be offered under the sharing model.

Two Areas Will Be Re-Offered On December 17

Since they were regulated, six rounds of pre-salt auctions have taken place and another round of auction for the excess volume of the costly assignment contract for the pre-salt area. Still this year, a second round of the leftover areas from the costly assignment is planned.

The round is scheduled for December 17 and will re-offer two pre-salt areas that were not sold in the first auction. The change to offer blocks of the polygon, proposed by the Ministry Of Mines And Energy (MME) for the permanent mode, began to be discussed by the government after the pre-salt areas of greatest potential available for sale to investors started to run out quickly.

ARTICLE CONTINUES BELOW

Director Speaks Out

According to Bastos, since today the permanent offer modality includes only areas that are under concession, several issues need to be addressed. When it comes to concession, it is a much simpler process, but as this case is about production sharing, the CNPE not only needs to authorize that these blocks of the polygon be sent for permanent offer, but also determine all economic and technical parameters, making the process a bit more difficult.

According to the director of the Ministry Of Mines And Energy (MME) department, it is necessary that all premises associated with the sharing regime are guaranteed, met and maintain all the necessary requirements to be legal, including Petrobras’ right of preference.

The statements were made during a Technical Workshop on The Oil Potential Of Exploratory Blocks In The Permanent Offer, which was broadcast online by the National Agency of Petroleum, Natural Gas and Biofuels (ANP).

With 1,068 exploration blocks, 546 onshore and 522 offshore, the public notice was last updated on July 30. Currently, there are no areas with marginal accumulations on offer.

Ministry of Mines and Energy Proposes Changing Bidding Model for Pre-Salt Areas, Including Blocks from the Polygon in Permanent Offering

Ministry Of Mines And Energy (MME) Has Until The End Of The Year To Present A Resolution To CNPE To Change The Bidding Model For Pre-Salt Areas Including Blocks Of The Polygon In Permanent Offer

Read Also

Two Areas Will Be Re-Offered On December 17

Director Speaks Out

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Ministry of Mines and Energy Proposes Changing Bidding Model for Pre-Salt Areas, Including Blocks from the Polygon in Permanent Offering

Ministry Of Mines And Energy (MME) Has Until The End Of The Year To Present A Resolution To CNPE To Change The Bidding Model For Pre-Salt Areas Including Blocks Of The Polygon In Permanent Offer

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