The Collegiate Directorate of the ANP approved, this Thursday (02/06), the new version of the bidding notice and the draft contracts for the Permanent Production Sharing Offer (OPP). After the revision, which included public consultation and hearings, the documents are now sent for analysis by the Ministry of Mines and Energy (MME) and will then be evaluated by the Federal Court of Accounts (TCU), in accordance with TCU Normative Instruction No. 81/2018.

The TCU has up to 90 days to conclude its analysis, and the publication of the OPP instruments is expected for May 2025.

The spreadsheets with the contributions received during Public Consultation and Hearing No. 06/2024, as well as the respective resolutions of the ANP, are available on the Agency's website.

Blocks for offer and improvements in the notice

After the publication of the notice by the ANP, 14 blocks located in the Pre-Salt Polygon will be available for offering, with six in the Campos Basin and eight in the Santos Basin.

The update of the documents reflects the Agency's commitment to continuously improving the OPP, aiming to make it more competitive and aligned with the dynamics of the oil and natural gas sector.

Among the main improvements are:

• Adjustments to local content guidelines, in accordance with CNPE Resolution No. 11/2023;
• Implementation of the rules of Resolution No. 969/2024, which regulates bidding under the concession and production sharing regimes;
• Update of the guarantee insurance models based on Public Consultation and Hearing No. 01/2024;
• Flexibility of the Minimum Exploratory Program (PEM), which no longer requires mandatory drilling of an exploratory well for all areas, now additionally allowing for 3D seismic and 3D seismic reprocessing activities;
• Exclusion of payment for participation fees and data sample fees;
• Possibility for bidders without a declaration of interest to present an offer guarantee (they can participate in the public session in a consortium with a company that has presented a declaration of interest);
• Flexibility in the form of presenting the offer guarantee, which can be delivered in either physical or digital format;
• Definition of deadlines for the Permanent Offer cycle, with a minimum duration of 120 days and a maximum of 180 days between the approval of the declaration of interest and the public session;
• Change in the order of stages, with company qualification occurring after the public session;
• Revisions in Annex VI (Procedures for Cost and Surplus Oil Calculation) and Annex IX (Consortium Rules);
• Inclusion of provisions that encourage practices for reducing greenhouse gas emissions.

What is the Permanent Offer?

The Permanent Offer is currently the main bidding modality for the exploration and production of oil and natural gas in Brazil. Unlike traditional rounds, this model allows for the continuous offering of exploratory blocks and areas with marginal accumulations, located in land or maritime basins.

With this, companies have the freedom to study the technical data of the areas and submit offers when they deem it most appropriate, without relying on rigid deadlines or specific bidding cycles. This flexibility has made the Permanent Offer an essential tool to foster competitiveness and attractiveness in Brazil's oil and gas sector.

For more information: https://www.gov.br/anp/pt-br/rodadas-anp/oferta-permanente/oferta-permanente.