3rd Cycle of the Permanent Production Sharing Offer Will Auction Seven Blocks

Aug. 20 – The Special Bidding Committee (CEL) of the National Petroleum Agency (ANP) published the blocks that will be offered in the 3rd Cycle of the Permanent Production Sharing Offer (OPP). There will be seven areas in total: Jaspe, Citrino, Larimar, Ônix, Itaimbezinho, Ametista, and Esmeralda. The public session is scheduled for October 22.

The selected blocks have received declarations of interest accompanied by a bid guarantee from companies actively registered in the Permanent Production Sharing Offer. According to the schedule, registered companies may expand their participation in the auction until September 11 by submitting new declarations of interest and additional guarantees for the seven blocks.

Bidders that have not expressed their interest within the deadline may still participate through consortia with companies that have declared interest, provided that the rules of the 3rd Cycle are respected.