Results Of ANP’s Public Hearing On Draft Resolution Establishing New Bidding Procedures

The National Agency of Petroleum, Natural Gas and Biofuels (ANP) sponsored on February 5th, 2015, Public Hearing No. 1/2015, to discuss the draft of a new Resolution containing new procedures to the ANP bid rounds for the concession of oil and gas (O&G) blocks for exploration and production (E&P) activities. The Agency received suggestions to the draft Resolution, which were addressed during the Public Hearing by the Superintendent of the Bid Promotion Superintendence, Ms. Cláudia Rabello.

The Superintendent made her presentation indicating that ANP is focusing on the refinement of the Brazilian regulatory model seeking more efficiency to the O&G sector, reason why ANP carried out extended researches and internal discussions to achieve the model proposed altering the sequence of the bidding steps. It was also highlighted by the agency that the main benefits to bidders in the new proposed model are: simplification in the technical and legal qualification procedures as ANP will be allowed to consider the experience of the bidders already operating under other concession contracts in Brazil, and further the digital database under development by ANP to keep updated qualification information submitted by the agents to ANP in the past.

Among the main suggestions presented by market players to the draft...