On 24 July 2020, it was announced that the Brazilian government was planning to release a new bid round schedule with the dates for ANP Round 17 and the 7th Production Sharing Round, by September, according to Mines and Energy Minister Bento Albuquerque. âWe are working on this and we intend to present it in August or September, so that investors can prepare in advance,â he said. Both bid rounds had been scheduled for 2020 but were suspended due to the COVID-19 pandemic. Only the 2nd Cycle of the Permanent Offer Round was maintained for 2020. For 2021, the only offering confirmed thus far is for the Atapu and Sepia blocks to be offered in the Onerous Assignment Surplus Production Rights Bid, also called the Transfer Rights area, in the Santos Basin pre-salt polygon. According to Albuquerque, this round is projected to be launched early in the second half of 2021. Albuquerque was also asked about the possible privatization of the Pre-Salt Petroleum company (PPSA), proposed by Economy Minister Paulo Guedes. Albuquerque said that to date, there have been no studies on this matter. âIf the PPSA is to be extinguished by law, another government agency will have to assume part of its contributions,â he said.Â Recently, the state-owned PPSA disclosed that the contracts under its management earned about R$ 4.5 billion in government share revenues between November 2017 and May 2020.
Not Found