New Resolution on Bidding Procedures Under Concession and Production Sharing Regimes

Mayer Brown

In order to regulate the bidding procedure for granting exploration and production rights, ANP Resolution No. 969/2024 unified ANP Resolutions No. 24/2013 and No. 18/2015, which addressed, respectively, the bidding procedures applicable to the production sharing regime and the concession regime.

The revision and consolidation of these resolutions is based on Decree No. 10,139/2019, which provides for the simplification of the national regulatory framework.

The Resolution has been in force since June 3, 2024 and will already apply to the next ANP bids.

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