At a meeting held on May 21, the Special Bidding Commission (CEL) of the Permanent Offer approved the registration of three more companies: PetroRecôncavo S.A., EnP Ec ecosystems Energéticos Holdings S.A. and EMT Construtora Ltda. With these approvals, which were published on Friday (5/22) in the Federal Official Gazette, the Permanent Offer now has a total of 57 companies registered. See the full list on page http://rodadas.anp.gov.br/pt/oferta-permanente/inscricao-de-licitantes.

Unlike the ANP's traditional bidding rounds, the Permanent Offer was not suspended due to the coronavirus pandemic and is still in progress.

The Permanent Offering process for areas for the exploration and production of oil and natural gas provides for the continuous offer of fields and blocks returned (or in the process of being returned) and exploratory blocks offered in previous rounds and not purchased. In this modality, registered bidders can submit a declaration of interest, accompanied by an offer guarantee, for any blocks or areas on offer. Once one or more declarations of interest have been submitted, and all documentation has been approved, CEL publishes a schedule for carrying out a cycle for presenting offers.

The 1st Cycle took place on 10/09/2019, resulting in 33 blocks and 12 areas with marginal accumulations completed. ANP has already signed 27 of the 45 concession contracts for the First Permanent Offer Cycle.