Permanent Offer: CNPE Publishes Resolutions Changing Bidding Rounds System

On December 24, 2021, Brazil’s National Energy Policy Council published CNPE Resolution No. 27, authorizing the National Agency of Petroleum, Natural Gas and Biofuels to define and include in the Permanent Offer, under the concession regime, any onshore and offshore block, as well as relinquished fields or those in the process of being relinquished.