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Offer Presentation Session

Published: Wednesday, 12 September 2018 17:09 | Last Updated: Friday, 25 October 2019 14:12

Warning:

Please be informed that registration for attending the public session of the 6th Production Sharing Round is closed as there are no more seats available.

Badges will be available for withdrawal on November 7, 2019, from 8am to 8:45am at the Grand Hyatt Hotel, located at Av. Lúcio Costa, 9600 – Barra da Tijuca, Rio de Janeiro. Only registered attendees will be granted access to the public session.

For those interested, we remind that the event will be live broadcasted on www.anp.gov.br

 


Petrobras Preemptive Rights

In accordance with Law no. 12.351, dated 10/22/2010, with Decree 9,041, of 05/02/2017, and the National Council of Energy Policy (CNPE) Resolutions nº 01/2019 and 11/2019, published on 02/11/2019 and 05/22/2019 in the Official Gazette (DOU), the mandatory participation of Petróleo Brasileiro SA (Petrobras) as operator in the production sharing contracts will be in the follow areas offered in the 6th Production Sharing Bidding Round:

i) Aram;
ii) Sudoeste de Sagitário e
iii) Norte de Brava.

Pursuant to article 4 of Decree No. 9,041 / 2017, in the event of exercising its right of first refusal, after the conclusion of the bidding process, Petrobras:

I - will compose the consortium with the winning bidder, if the percentage of the surplus in oil of the Union offered in the auction for the area bid is equal to the minimum percentage established in the bid; or
II -the consortium may compose with the winning bidder if the percentage of the Union's oil surplus offered in the auction for the bidding area exceeds the minimum percentage established in the bid notice, and must express its decision during the bidding round.

Under the terms of the bidding documents for the 6th Production Sharing Bidding Round, CEL will call Petrobras to manifest its decision in consortium with the winning bidder.

Petrobras representatives will be sent by a member of CEL and ANP servers to a room located near the main auditorium where they will meet to make the decision.

A time of 5 (five) minutes will be granted for the displacement and a term of 30 (thirty) minutes for the decision making. Petrobras' decision will be formalized through a form of expression of interest (in Portuguese), completed and signed by an accredited representative and delivered to CEL.

If Petrobras decides not to compose a consortium with the winning bidder, CEL will disclose the new participation percentages of the bidders and the new operator contained in the recomposition form previously submitted.

Such provision shall not be applied if the percentage of the oil surplus for the Union offered is equal to the minimum percentage established in the notice or if Petrobras is the winning bidder, alone or in a consortium.

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