Aiming at the upcoming pre-salt auction, oil companies suggest the creation of cash bonuses that would be given as credit to oil companies that exceed local content
Paraphrasing the transfer of rights surplus, the oil companies Petrobras and Shell are suggesting that the ANP make a change in the public notice for the 6th pre-salt sharing round.
The change would include the inclusion of a bonus, in case the Oil company exceeds the local content established in the exploration phase, to be credited in national currency in the later stages of development.
To safeguard the oil company in case of return of the block during the exploration phase, the measure foresees that the surplus value can be used in other blocks chosen by the concessionaire.
The content of the suggestions
According to Petrobras, the change in the notice rewards the effort of those who go beyond the local content and prevents oil companies from buying from national suppliers when they are in the last modules of an exploratory activity, which according to the Brazilian state-owned company happened in previous bidding rounds.
Shell, on the other hand, has the same thinking as Petrobras and supports the transfer of local content surpluses or deficits achieved in the contracts.
It is worth remembering that these measures were suggested by the oil companies due to the public consultation carried out by the ANP in relation to the 6th pre-salt bidding round.
Another oil company that made suggestions was ExxonMobil, which suggested that Petrobras manifest, in the public session for the presentation of bids, its interest in forming the consortium, in cases where it has the preemptive right to act as operator and the surplus in oil for the union is greater than the minimum established in the notice.
Today, May 17, the ANP is holding a public hearing, in Rio de Janeiro, to discuss all these suggestions received and define how the public notice for the 6th pre-salt round will look like.
The areas offered in this bidding round will be the areas of: Aram, Bumerangue, Cruzeiro do Sul, Southwest of Sagittarius and North of Brava.
ExxonMobil starts race to hire drilling rigs in Brazil! Go here and read!
