16th Bidding Round will be on October 10th

It Was defined by the ANP, in a pre-notice released on March 25, that the next bidding round (16th) will be held on October 10th. The Auction will feature 36 exploratory blocks. The companies interested in participating will have until August 20 to pay the registration fee and the offers must be presented by September 26th.

The total number of blocks was reduced by the CNPE (National Energy Policy Council), due to the possibility of future unitilization with the extension of reservoirs in an area outside the Exclusive Economic Zone (EEZ) in the Atlantic Ocean.

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