The National Agency for Petroleum, Natural Gas and Biofuels (ANP) released this Friday the list of companies qualified to participate in the next cycles of the Permanent Sharing Offer (OPP) and the Permanent Concession Offer (OPC), both scheduled for October 7th. In total, 19 companies are eligible for the 4th Cycle and another 46 to compete for the 6th Cycle.
Qualification, however, does not guarantee effective participation in auctions, according to the regulator. To present proposals individually or lead consortiums, companies must express interest in specific areas and present a guarantee of offer by July 21st. Companies that do not comply with this stage will still be able to participate, as long as they are part of consortiums led by companies that have declared interest within the deadline.
In the Permanent Sharing Offer, four companies joined the list of registered companies during the current cycle: Galp Energia Brasil, Kufpec E&P Brasil, Repsol Exploração Brasil and Repsol Sinopec Brasil. The notice currently brings together 23 exploration blocks located in the Campos and Santos basins, within the pre-salt polygon and strategic areas. The ANP will inform, by August 6, which blocks have received declarations of interest and will, in fact, be available in the public session.
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In the Permanent Concession Offer, the ANP agency has 46 companies with active registration. Of these, six requested authorization during the cycle, although three still depend on the delivery of documentation by July 8 to complete the process. The notice includes 495 exploratory blocks and five areas with marginal accumulations, distributed in 38 sectors of 11 sedimentary basins. As with the OPP, the definitive list of sectors that will be put up for auction will be released on August 6th.
The Permanent Offer cycles are the main mechanism used by the ANP to make areas available for exploration and production of oil and natural gas.
In the sharing model, applied to pre-salt areas and considered strategic, the Union shares the oil produced with companies. Under the concession regime, companies assume the risks of exploration and, in the event of a commercial discovery, become owners of the production, upon payment of the government participation provided for in the contract.
