Due to the Covid-19 pandemic, the event will be hybrid: the public bidding session will be in person, with a reduced number of people, and there will be a live broadcast so that the public can follow the entire process over the internet.

Public session of the 2nd Cycle 

The face-to-face part of the auction will be held at the Sheraton hotel in Rio de Janeiro, and will be attended only by the people necessary for its realization and representatives registered by participating companies to submit offers. The event will include all safety precautions, such as social distance and mandatory use of masks.

Will be on offer 14 sectors of exploratory blocks from nine basins (Santos, Espírito Santo, Campos, Paraná, Amazonas, Recôncavo, Sergipe-Alagoas, Potiguar and Tucano), as well as two sectors of areas with marginal accumulations in the Solimões and Recôncavo basins. The 63 companies registered in the Permanent Offer may make offers.

See the sectors on offer:http://rodadas.anp.gov.br/pt/oferta-permanente/2-ciclo-da-oferta-permanente/setores-em-oferta-no-2-ciclo-da-oferta-permanente

See all registered companies: http://rodadas.anp.gov.br/pt/oferta-permanente/inscricao-de-licitantes

See the schedule for the 2nd Cycle: http://rodadas.anp.gov.br/pt/oferta-permanente/2-ciclo-da-oferta-permanente/cronograma-2-ciclo-op

What is the Permanent Offer 

The Permanent Offer is a form of concession of blocks and areas with marginal accumulations for exploration or rehabilitation and production of oil and natural gas. In this modality, there is a continuous offer of fields returned or in the process of being returned, of exploratory blocks offered in previous bids and not auctioned or returned to the Agency, and also of new exploratory blocks under study at the ANP (with the exception of areas in the pre-salt layer) , strategic or located on the Continental Shelf beyond 200 nautical miles).

Thus, companies do not need to wait for a round of bids to have the opportunity to finish a block or area with marginal accumulation, which is on offer. In addition, companies have as much time as they deem necessary to study the technical data of these areas, without the limited time limit for a round.

Once the application has been approved in the process, the company can declare interest in one or more of the blocks and areas offered in the Public Notice. This declaration of interest must be sent to the ANP, accompanied by an offer guarantee, and must identify all sectors in which the company aims to present offers at the public session to be held.

After approval by CEL of one or more declarations of interest, a cycle of the Permanent Offer begins, as from the disclosure of its schedule by the Commission. The cycles correspond to the holding of public bidding sessions for one or more sectors that have had a declaration of interest.

On the day of the public session, registered companies can make offers for blocks and areas with marginal accumulations in the sectors under bidding in that cycle.

In the case of exploratory blocks, the offers consist of signature bonuses (equal to or greater than the minimum bonus determined in the notice) and Minimum Exploratory Program (PEM), containing the activities that companies undertake to carry out during the exploratory phase (such as drilling wells and seismic surveys, for example). If there is more than one offer for the same block, the company or consortium that reaches the highest score wins, with the signature bonus weighing 80% and the PEM 20%.

For areas with marginal accumulations, the only criterion for determining the winners is the subscription bonus offered, which must also be equal to or greater than the minimum determined in the notice.