Tender Protocol and model concession agreement for exploration and production of oil and natural gas in the 17th Bidding Round published

The National Agency of Petroleum, Natural Gas and Biofuels (ANP) published today – July 27, 2021 – the tender protocol and the model concession agreement for exploration and production of oil and natural gas in the 17th Bidding Round.

It will be offered 92 blocks with exploratory risk, located in 11 sectors of 4 Brazilian sedimentary basins: Campos, Pelotas, Potiguar and Santos.

We highlight below the main dates of the schedule proposed by ANP:

 

August 11, 2021Deadline for filling in the application form
September 22, 2021Deadline for provision of bid bonds
October 07, 2021Public session for submission of bids
October 18, 2021Deadline for submission of the qualification documents and additional bid bond (if applicable).

 

The versions of the tender protocol and the model concession agreement can be accessed through the following links:

Protocol

Concession agreement for exploration and production of oil and natural gas

Our Oil & Gas team is available should you need any further information on this matter.