16th Bidding Round

Firjan celebrates the result of the 16th Concession Round

T&B Petroleum/Press Office Firjan
11/10/2019 03:03
Firjan celebrates the result of the 16th Concession Round Imagem: Marcus Almeida, ANP Visualizações: 299 (0) (0) (0) (0)

The 16th Exploratory Blocks Bidding Round, under the concession regime, held this Thursday (10/10), by the National Agency of Petroleum, Natural Gas and Biofuels (ANP), reinforced the disposition of the Brazilian government with compliance with the regular auction calendar. The consistency of auctions is a key factor for Brazil to ensure its attractiveness on the world stage. It is from the closing of the areas that the industry can start its investment planning.

 

For Firjan, the results were an absolute success for the state of Rio. Of the 12 blocks sold, 11 were in Rio de Janeiro waters. Round 16 had a new record in signing bonus of concession rounds, with the amount raised of R $ 8.9 billion and average premium of 390%. In expected investments, the amount exceeded R $ 1.5 billion.

 

The auction takes place exactly one month after the 1st Permanent Bid Cycle and marks three consecutive years of areas being offered to companies, which must make a careful analysis of the opportunities, since the Rounds are also scheduled for early November. Pre-Salt Production and Assignment Surplus Sharing Shares.

 

For the market, the auction reflexes happen first in the exploration phase, with opportunities focused on the geophysical data collection and processing activities; drilling, profiling, cementing and well completion; seismic studies; and chartering and operation of special vessels (rigs and maritime support).

 

As the development and production phase progresses, there is an increase in investment potential, generating more demand for the goods and services industry, as well as raising government stakes, and creating new jobs and income for society. The Brazilian market continues to consolidate with the increasingly relevant participation of operators of different categories, with different purposes and portfolios.

Most Read Today
see see
International Company News
OES Group Returns to Private Ownership Following Managem...
01/09/26
Products and Services
RiverTough Bearings and Seals
27/08/26
Pre-Salt
Petrobras platforms P-80 and P-82, which will operate in...
27/08/26
Royalties
Values related to June production were distributed to st...
27/08/26
People
bp appoints Felipe Arbelaez head of country for Brazil
27/08/26
ROG.e 2026
ROG.e 2026 brings global leaders together to discuss the...
26/08/26
Pre-Salt
Búzios field sets monthly and daily natural gas export r...
26/08/26
Navalshore
Firjan SENAI presents the Supplier Opportunities Network...
17/08/26
Equatorial Margin
Morpho Well: Petrobras discovers hydrocarbons in ultra-d...
15/08/26
Power Generation
Campo Grande hosts four days of debates on bioenergy and...
12/08/26
International
KPMG: fossil fuel consumption falls, despite oil's signi...
12/08/26
Fenasucro
Fenasucro & Agrocana opening highlights Brazil's leaders...
12/08/26
Event
IBP and BIP bring together leaders to discuss technology...
11/08/26
Event
Asset Management gains prominence in corporate strategy;...
11/08/26
Macaé
Foresea takes part in WSOP 2026 and reinforces that safe...
11/08/26
Sergipe-Alagoas Basin
Siemens Energy advances offshore expansion in Brazil wit...
10/08/26
Campos Basin
Raia Project Reaches New Milestones in One of Brazil’s M...
06/08/26
Permanent Offer
ANP Takes Part in Ceremony Marking the Signing of Contra...
05/08/26
SOG 2026
ABPIP Strengthens Territorial Development Agenda in Serg...
04/08/26
SOG 2026
SOG26 Surpasses the Previous Edition and Reinforces Serg...
03/08/26
People
Shell Brasil Begins a New Leadership Cycle with João San...
03/08/26
VEJA MAIS
Newsletter TN

Contact us

We use cookies to ensure you have the best experience on our website. If you continue to use this site, we will assume that you agree with our Privacy Policy, terms of use and cookies.

2