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Five Pre-Salt Blocks Awarded in the 3rd Third Cycle of the Permanent Production Sharing Offer

On October 22 in Rio de Janeiro, Brazil’s National Agency of Petroleum, Natural Gas and Biofuels (“ANP”) held the public session of the 3rd Cycle of the Permanent Offer for Production Sharing regime (“OPP”)....more

Preliminary Tender Notice Published for the Bidding of Uncontracted Areas of the Mero, Tupi, and Atapu Shared Reservoirs

On August 26, 2025, Pré-Sal Petróleo S.A. (PPSA) published the Preliminary Notice for the Auction regarding the transfer of the Federal Government’s rights and obligations arising from the Unitization Agreements (AIPs) in the...more

Provisional Measure Limits the CDE Budget and Creates Rebalancing Mechanism

On July 11, 2025, the Brazilian government published Provisional Measure No. 1,304/2025 (MP), introducing significant changes to the Brazilian energy sector. Below, we highlight the main points proposed in the MP....more

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