The ANP held yesterday (30/7), in Rio de Janeiro, the Technical Seminars of the 16th Exploratory Blocks Bidding Round and the 6th Production Sharing Bidding Round. At the event, Agency technicians presented the results of the geological assessments and the oil potential of the areas that will be offered in these auctions.

At the opening, ANP director Felipe Kury (photo) highlighted the effort to promote the resumption of the oil and gas sector in Brazil. "Over the past two years, we have worked on a number of measures, including the rounds calendar. The last rounds have been a success, which is indicative of investor confidence. Brazil is set to be one of the industry leaders in the coming years," he said. .

"The 16th Bidding Round and the 6th Sharing Round are two incredible opportunities. I also have to comment on the Assignment Excess Volumes Auction scheduled for November 6, and the ANP's effort to return all areas that have already been offered (previously) in the Permanent Offering process, the first stage of which will take place on September 10. Our challenge is to have a plurality of actors in different exploratory environments, "he added.

The 16th Bidding Round, scheduled for October 10, will offer 36 blocks in five sedimentary basins (Campos, Camamu-Almada, Jacuípe, Pernambuco-Paraíba and Santos), with a total area of 29.3 thousand square kilometers. One of the highlights is block C-M-541, in the Campos Basin, with a minimum subscription bonus of R$ 1,375,229,000.00.

The total of the minimum bonus expected for the 16th Bidding Round, if all blocks are sold, is R$ 3.8 billion and the minimum investment forecast in the exploration phase is around R$ 790 million.

The 6th Production Sharing Round, which is scheduled to take place on November 7, will offer five blocks in two sedimentary basins (Campos and Santos), with a total area of about 8,640 km². The blocks on offer are: Aram, Boomerang, Southern Cross, Northern Brava and Southwest Sagittarius.

The signing bonus for the 6th Production Sharing Round totals R$ 7.8 billion and the investment forecast of R$ 1.3 billion.