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Petrobras (PETR4) and Shell win ANP auction winning blocks in the Pelotas Basin

Written by Paulo Nogueira
Published 13/12/2023 às 12:03
auction, public auction, auction, ANP, Petrobras, Petroleum, Shell
Specifically in the concession regime within the Permanent Offer, 87 companies are able to participate, but only 21 of them showed interest – All rights: Info Money

Under the Permanent Offer concession regime, 21 companies participated in the auction held by the ANP on Wednesday, with an expected investment of R$2,17 million.

The auction held by the National Agency of Petroleum, Natural Gas and Biofuels (ANP) on the morning of this Wednesday, 13th, resulted in the auction of two blocks in the SP-AUP8 sector for a total of R$ 4,34 million, without premium, during the 4th Offer Cycle Permanent under the concession regime. The consortium formed by Petrobras (PETR4; 50%), Shell Brasil (30%) and CNOCC Petroleum (20%) was the winner of block PM-1797, winning it for R$2,17 million.

This auction represents an important step for the oil and gas sector, demonstrating the interest of companies in investing in the Brazilian market. The auction of blocks PM-1797 and PM-1799 reinforces the relevance of the auction promoted by the ANP, generating millions of reais in investments in the sector. This public auction is a reflection of the potential of the oil and gas market in Brazil, attracting major players in the sector to purchase new exploration blocks.

New auction held by the National Petroleum Agency

O planned investment in this area is R$60 million.

Until now, blocks in ten sectors of the Pelotas Basin they were auctioned, six of which did not receive offers. O accumulated bonus na round so far it exceeds R$246,477 million.

Pelotas Basin Auction: a unique opportunity

In this auction, a total of 198 blocks in the Pelotas Basin are being offered.

The permanent offer works as a area bank of oil and natural gas which are auctioned in cycles based on demand from interested parties, replacing the ANP's traditional public auctions held since 1999, in which the blocks offered were designated by the government.

Specifically No. concession regime Within the Permanent Offer, 104 companies are able to participate, but only 25 of them presented declarations of interest and supply guarantees for the 39 sectors at stake in this Wednesday, which bring together a total of 722 blocks.

Participate in the auction: a chance to invest

Under the concession regime, the company that offers the highest signing bonus and commits to carrying out the Minimum Exploratory Program (PEM) wins the competition.

 

Source: InfoMoney

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Paulo Nogueira

An electrical engineer graduated from one of the country's technical education institutions, the Instituto Federal Fluminense - IFF (formerly CEFET), I worked for several years in the areas of offshore oil and gas, energy and construction. Today, with over 8 publications in magazines and online blogs about the energy sector, my focus is to provide real-time information on the Brazilian employment market, macro and micro economics and entrepreneurship. For questions, suggestions and corrections, please contact us at informe@clickpetroleoegas.com.br. Please note that we do not accept resumes for this purpose.

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