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Petrobras and 11 Foreign Companies Sign Up for Auction of the 16th Round

Written by Paulo Nogueira
Published on 26/08/2019 at 15:20
Updated on 26/08/2019 at 15:21
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The Auction Is Scheduled for October 10 and Will Offer 36 Blocks in the Offshore Sedimentary Basins; Petrobras and 11 Other Giants Have Already Registered.

The National Agency of Oil, Natural Gas and Biofuels (ANP) stated on this day 26 that it received registrations from the first twelve companies for the 16th Round of bidding for exploratory oil and gas blocks, under a concession regime, including the giants Exxon, Shell, Equinor, Total, and CNOOC, in addition to Petrobras. With a focus on pre-salt, the Brazilian state oil company begins selling onshore fields in Bahia.

Of the registered companies so far, eleven are foreign companies; a group that also includes BP, Chevron, Ecopetrol, Karoon, QPI, and Repsol.

The auction is scheduled for October 10 and will offer 36 blocks in the offshore sedimentary basins of Pernambuco-Paraíba, Jacuípe, Camamu-Almada, Campos, and Santos, totaling 29,300 km² of area.

The list of registered companies may still grow, according to the ANP, which reported that other registration requests will be analyzed in the upcoming meetings of the Special Bidding Commission (CEL) that will meet again on September 16.

The ANP emphasized that registration for the round is mandatory and individual for each interested party, even for those intending to submit bids through a consortium.

According to it, all registered companies met the requirements outlined in the notice and are eligible to participate in the round.

The registered companies can only submit bids for the blocks located in the sectors for which they have paid the participation fee and provided a bid guarantee.

The auction for the surplus from the onerous assignment (October 28) and the 6th round of pre-salt sharing (November 7) is also scheduled for the second half of the year.

The PEC 98, regarding the onerous assignment, is set to be voted on in the Senate plenary next Wednesday, the 28th. Rapporteur Cid Gomes (PDT/CE) will forward amendments to the text, increasing the distribution of states and municipalities in the auction surplus bonus. If the change is approved, the text will return to the Chamber.

Governors from the South and Southeast also want to extend the practice of distributing the bonus to other auctions. The signatories of the Vitória Letter, signed after the 4th meeting of the South and Southeast Integration Consortium (Cosud) on Saturday (24), request that 50% of the sharing auction bonuses be passed on to local governments.

Petrobras Ends Activities at an Exploration Well in Rio Grande do Norte

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Paulo Nogueira

Eletrotécnica formado em umas das instituições de ensino técnico do país, o Instituto Federal Fluminense - IFF ( Antigo CEFET), atuei diversos anos na áreas de petróleo e gás offshore, energia e construção. Hoje com mais de 8 mil publicações em revistas e blogs online sobre o setor de energia, o foco é prover informações em tempo real do mercado de empregabilidade do Brasil, macro e micro economia e empreendedorismo. Para dúvidas, sugestões e correções, entre em contato no e-mail informe@en.clickpetroleoegas.com.br. Vale lembrar que não aceitamos currículos neste contato.

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