Published the final versions of the 2nd and 3rd Bidding Round tender protocols and production sharing agreements
The National Agency of Petroleum, Natural Gas and Biofuels (ANP) published yesterday the final versions of the tender protocols and the production sharing agreements related to the 2nd and 3rd Bidding Rounds, which will take place on October 27th, 2017.
In the 2nd round will be offered the unitized non-contracted areas adjacent to the prospects Carcará (block BM-S-8), Gato do Mato (block BM-S-54) and the Sapinhoá Field in the Santos Basin, as well as the Tartaruga Verde Field (shared field of Tartaruga Mestiça), in the Campos Basin.
The 3rd round will offer the areas of Pau Brasil, Peroba and Alto de Cabo Frio-Oeste, in the Santos Basin, and of Alto Cabo Frio Central, in the Santos and Campos Basins.
Considering the preemptive right exercised by Petrobras in some areas (Surroundings of Sapinhoá in the 2nd Round, Peroba and Alto de Cabo Frio Central in the 3rd Round), each round has two (2) drafts of the production sharing agreement, one with the participation of Petrobras as operator and the another one without Petrobras as operator.
The final versions of the tender protocols and the production sharing agreements may be accessed in the following links:
2nd Round – Tender Protocol
2nd Round - Production Sharing Agreement – Participation of Petrobras
2nd Round - Production Sharing Agreement – Without Petrobras' participation
3rd Round – Tender Protocol
3rd Round - Production Sharing Agreement – Participation of Petrobras
3rd Round - Production Sharing Agreement – Without Petrobras' participation
If you need any further information on this matter, please contact our lawyers from the Oil & Gas team.