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Permanent Offer – Petrobras Exercises Its Preferential Right In Jaspe

On August 28, 2024, Brazil’s National Energy Policy Council ("CNPE") published CNPE Resolution No. 6/2024, announcing the exercise of Petróleo Brasileiro S.A.’s ("Petrobras") preferential right to be the operator in the Jaspe...more

9/6/2024  /  Brazil , Energy Sector , Oil & Gas

New Decree Regulating the Gas Law Published

On August 27, 2024, Brazilian President Luiz Inácio Lula da Silva signed five documents at a ceremony to approve the national energy transition policy: (i) revoking Decree 9.928/19, which established the Technical Committee...more

Permanent Offer: ANP Sets Strategic Calendar of Geo-Economic Assessments for 2024/2025

In order to promote transparency and predictability so that the market can direct its future investments more assertively, the Brazil’s National Agency of Petroleum, Natural Gas and Biofuels ("ANP") approved, through Board...more

8/12/2024  /  Brazil , Energy Sector , Natural Gas , Oil & Gas

Permanent Offer: Public Consultation on the Revision of the Tender Protocol and Draft Concession Contracts

On July 1, 2024, Brazil’s National Agency of Petroleum, Natural Gas and Biofuels (ANP) initiated Public Consultation No. 02/2024 to receive contributions on the draft of the tender protocol for the Permanent Offer under the...more

New Resolution on Bidding Procedures Under Concession and Production Sharing Regimes

In order to regulate the bidding procedure for granting exploration and production rights, ANP Resolution No. 969/2024 unified ANP Resolutions No. 24/2013 and No. 18/2015, which addressed, respectively, the bidding procedures...more

7/5/2024  /  Bids , Brazil , Energy Sector , Oil & Gas

ANP Approves Studies of Pre-Salt Blocks

On May 29, 2024, the Board of Directors of the Brazilian Agency of Petroleum, Natural Gas and Biofuels (ANP) published Resolution No. 322/2024, approving the geo-economic studies relating to four pre-salt blocks: (i)...more

Brazil’s CNPE Includes 11 Blocks in the Permanent Offer (Production Sharing) and Adjusts Local Content Percentages

On December 27th, 2023, the National Energy Policy Council ("CNPE") published Resolution No. 11/2023 ("Resolution") in the Official Gazette, authorizing the offer of 11 blocks in total in the production sharing regime under...more

Brazil’s National Agency of Petroleum Publishes Resolutions Maintaining Measures Related to COVID-19

On December 21, 2020, the National Agency of Petroleum, Natural Gas and Biofuels (“ANP”) published (i) Resolution No. 835/2020, which extends the effective term of certain ANP resolutions with measures related to the public...more

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