T&B Petroleum/Press Office ANP
The ANP will hold, on April 7, starting at 2:00 pm, the "Workshop on Assignment of E&P Contracts". The purpose of the event is to provide information and guidance to companies operating in the exploration and production of oil and natural gas (E&P) interested in contract assignment processes.
Assignment is the transfer, in whole or in part, of the ownership of rights and obligations arising from the E&P contract. The assignment is permitted by Laws No. 9,478 / 1997 and No. 12,351 / 2010, provided that: the object and the contractual conditions are preserved; the assignee meets the technical, economic and legal requirements established by the ANP; and there is prior and express authorization from the ANP, in the case of concession contracts, or the Union, in the case of production sharing contracts.
The assignment process, regulated by ANP Resolution No. 785/2019, is the administrative process designed to analyze the request and authorize: the assignment of an E&P contract; the change of concessionaire / contracted due to merger, spin-off and incorporation; the change of operator; and the replacement or exemption from the performance guarantee. The assignment can only be consummated with the signature of the addendum, after the prior and express approval of the ANP granted in the context of the assignment process.
In the workshop, presentations will be made by Agency technicians, with guidelines for the correct procedural instruction and information on the non-conformities most frequently identified in the processes, as well as the conditions normally imposed by ANP decisions, in order to avoid delays and give speed of the process.
The event will take place through the Microsoft Teams platform, through which participants can submit questions. To participate, simply access, on the day and time of the workshop, through the link bellow:
See the page about the workshop: https://www.gov.br/anp/pt-br/acesso-a-informacao/agenda-eventos/workshop-sobre-cessao-de-contratos-de-e-p
Learn more about assigning contracts:https://www.gov.br/anp/pt-br/assuntos/exploracao-e-producao-de-oleo-e-gas/gestao-de-contratos-de-e-p/cessao-de-contratos
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