Décio Oddone of the ANP participated this week in meetings and events with investors in the United States to discuss the regulatory changes implemented in Brazil, present the results of the rounds conducted in 2017 and begin the announcement of the bidding rounds for oil exploration and production and gas scheduled for 2018 - the 15th Round, under the concession regime, and the 4th Round of Bids, in the sharing regime, with pre-salt areas.

Oddone made presentations to representatives of institutions, investment funds and companies in the sector in the US, at the invitation of organizations that are among the most prestigious and influential in the country, such as Wilson Center and Eurasia Group. According to him, "the contact with the investors is fundamental for the auctions to be successful".

On November 16, the Director General was at the Wilson Center in Washington and the Council of the Americas - Americas Society and met with representatives of the Brazil-United States Business Council. On the 17th, he attended events at the Eurasia Group and the Brazil-United States Chamber of Commerce in New York.

In addition to presenting the areas offered in the next rounds and their potential, Oddone highlighted the regulatory improvements that have been implemented by the Brazilian Government and the ANP, resulting in a more attractive business environment for investments in the sector.

The meetings take place after the success of the rounds held in 2017, which had record premiums in the signing bonuses (14th Round in the concession regime) and percentages of surplus in oil offered to the Union (2nd and 3rd Round in the sharing regime). Throughout the year, Décio Oddone had performed road shows in the US, Asia and Europe, resulting in attracting companies and investors from various countries to the auctions.

Next rounds

Scheduled for March, the 15th Round of Block Tenders in the concession regime will offer 49 offshore blocks - including two with potential for pre-salt discoveries - and 21 onshore.

The 4th Round of Bids, in the sharing regime, will offer the blocks named Três Marias, Dois Irmãos, Uirapuru, Saturno and Itaimbezinho, located in the Campos and Santos basins, inside the Pre-salt Polygon.