6th Round of Sharing
T&B Petroleum/Press Office ANP
The ANP published yesterday (15/4) the pre-announcement of the 6th Round of Tenders of Production Sharing, scheduled to take place on November 7. The document, which contains the contract drafts, will be publicly consulted until May 6. The public hearing will take place on May 10 at the ANP Central Office in Rio de Janeiro.
Among the main changes related to the announcement of the 5th Round of Sharing are:
- Changes arising from the start of the use of the Electronic Information System (SEI) in the rounds of ANP bids, with the inclusion of new procedures and guidelines for bidders to present documents to participate in the contest;
- Partial waiver of the presentation of certificates previously required for the purpose of proving the fiscal and labor regularity of the bidders, which will be obtained by ANP through access to the databases of the Public Administration bodies responsible for their issuance;
- Inclusion of a clause providing monetary restatement of the amounts used as a basis for calculation of the fine - subscription bonus offered and the monetary value corresponding to the minimum exploratory program (PEM).
Today also begins the deadline for payment of the participation fee and for registration in the round, which closes on 19/9.
See the pre-announcement, draft contract, schedule of the round and procedures for participation in the consultation and public hearing on the website of the Rounds and the page of the Public Consultation and Audience ANP No. 10/2019.
The 6th Production Sharing Bid Round will offer five blocks in two sedimentary basins (Campos and Santos), with a total area of about 8,640 km². The signing of the concession contracts resulting from the round is expected to occur until March 2020.
In the rounds in the sharing regime, the signature bonuses are fixed and the winning companies or consortia are those that offer a greater percentage of surplus in oil to the Union, from the minimum defined in edict. In the 6th Round, signature bonuses vary between R $ 500 million and R $ 5.05 billion and the minimum percentage of oil surplus, between 22.87% and 36.98%.
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