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ANP qualifies 8 companies to bid in 10th round

Bnamericas Published: Thursday, November 13, 2008
Brazil's hydrocarbons regulator ANP has qualified eight companies to bid in the 10th oil and gas licensing round scheduled for December 18, the watchdog reported on its website. Companies interested in qualifying for the auction have until November 14 to file documents. Financial guarantees must be provided by December 15. ANP has qualified OGX, PetroRecôncavo, Shell Brasil, Severo Villares, Brasoil, Norse Energy and UTC Engenharia as B operators and Companhia de Exploração e Produção was licensed as a C operator. ANP will offer 130 onshore blocks covering 70,370km2 in seven basins: Sergipe-Alagoas, Amazonas, Paraná, Potiguar, Parecis, Recôncavo and São Francisco. As B operators, the companies can submit bids for any of the 130 blocks. Companhia de Exploração e Produção is only authorized to submit offers for blocks outside the Amazonas basin. Contract signing is scheduled for April 2009.

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