CNPE approves 2019 auctions

 

December 16, 2018

The National Energy Policy Council (CNPE) is expected to approve this Monday (17/12) the 16th round and the 6th pre-salt auction. The auctions are scheduled by the National Petroleum Agency (ANP) to take place in the second half of next year.

There was strong expectation – even within part of the government – that the surplus auction of the onerous assignment be approved at this meeting. The request for more information made by the Federal Audit Court (TCU), however, made the topic out of the question. The approval of the auction, which will offer the largest volume of oil ever offered at an oil auction in the world, will be the first under the Jair Bolsonaro government.

The 16th round will offer 42 offshore exploration blocks in the Pernambuco-Paraíba basins (SPEPB-AP3 sector), Jacuípe (SJA-AUP sector), Camamu-Almada (SCAL-AUP sector), Campos (ultra-deep waters outside the pre- salt in the SC-AP4, SC-AUP3 and SC-AUP4 sectors) and Santos (sector SS-AUP5). It is a total area on offer of 29,911.62 km².

The 6th pre-salt auction should offer the areas of Aram, Cruzeiro do Sul (former Sudoeste de Lula, Sul and Sudoeste de Jupiter), Boomerangue and the Southwest blocks of Sagittarius and Norte de Brava, recently included by the ANP. Petrobras has preemptive rights over all areas offered under the production sharing regime.

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