Second auction cycle of permanent offers will be in November

The National Agency for Petroleum, Natural gas and biofuels (ANP) approved this Wednesday (4), the second cycle of the permanent supply of oil and natural gas areas, although it has not yet started the sale of the blocks set for the first cycle, Disclosed on November 30th of last year. The agency still has no prediction of when the first cycle sales will begin.
The rules to participate in the second cycle of the ANP's permanent offerings will be released by the end of December of this year.
For the second cycle the ANP selected 1,054 blocks in 20 terrestrial and sea sedimentary basins, of new frontier and ripe, totaling 441,478,014 square kilometers. The blocks will be released until April 30, 2018, on the site of the bids rounds of the ANP.
85 blocks will be offered in seven land basins: concave (1), Solimões (18), Amazonas (10), Toucan (31), San Francisco (1), appeared (22) and Paraná (2). 969 areas will also be offered in 13 sea basins: Foz do Amazonas (237), para-Maranhão (52), Barreirinhas (31), Ceará (3), Potiguar (17), Pernambuco-Paraíba (5), Sergipe-Alagoas (11), Jacuípe (2), Camamu-Almada (9), Jequitinhonha (3), Holy Spirit ( 25), Santos (402) and Pelotas (172). The areas selected by the ANP still depend on the evaluation of the competent environmental agencies, the agency reported.
The ANP stated that the objectives of the Permanent Bank of offerings "are the increase of investments and the production of oil, with impacts on the collection and the generation of employment and income, especially in the selected regions".
The ANP will ask the National Energy Policy Council (CNPE) to include in the fifth round of production sharing, which still needs to be approved by the organ, the green tortoise blocks, in the Campos Basin, and Pau Brazil, in the Santos basin, since they were not arrematados In the 2nd and 3rd rounds of sharing, held in October 2017.
The ANP announcement takes place two days after the Secretary of Petroleum and Natural gas and biofuels of the Ministry of Mines and Energy, Márcio Félix, inform that you intend to ask the CNPE to include the two blocks (S-M-534 and S-M-645) that were withdrawn by the Court of Accounts of the Union (TCU) of the 15th round of bids of oil and gas blocks, held on 29 March. The TCU claimed that the blocks had presalted indications, and therefore they would have to be bid under the production sharing scheme, for the benefit of the Brazilian Government, and not for the concession, as the auction intended.
In addition to these blocks, the fifth round of sharing will also have the prospect Saturn, in the Santos Basin, previously scaled for the fourth round of sharing. According to the Secretary of the MME, the expectation is that the new auction will be held until September. Source: Trade journal.
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