The ANP Resolution No. 969/2024 (the "Resolution") was
published by the Brazilian Agency of Petroleum, Natural Gas and
Biofuels ("ANP"), regulating the bidding procedure for
the granting of the rights for oil and natural gas exploration,
rehabilitation, and production activities under the concession and
production sharing regimes.
The Resolution unified ANP resolutions No. 24/2013 and No. 18/2015,
which addressed the bidding procedures for the concession and
production sharing regimes. The procedure for the review 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 entered into force on June 3, 2024, revoking
previous rules. The provisions of the Resolution will already apply
to the next tender protocols published by ANP.
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