Brazil puts seven blocks on offer in latest oil & gas bid round

August 21, 2025, by Melisa Cavcic

Brazilian National Agency of Petroleum, Natural Gas, and Biofuels (ANP) has revealed seven blocks in the Campos and Santos basins that will be offered in the public session of the 3rd Cycle of the Open Acreage of Production Sharing (OPP).

Alpha Star rig is one of multiple units working for Petrobras offshore Brazil; Source: Constellation Oil Services

The public session will take place on October 22, 2025, with seven blocks on the menu, including Jaspe, Citrino, Larimar, Ônix, and Itaimbezinho in the Campos basin, alongside Ametista and Esmeralda in the Santos basin. The third Cycle of the Open Acreage of Production Sharing was opened and its indicative schedule was published on June 17, 2025.

According to ANP, bidders with active registration in the third cycle may expand their interest in the bidding process until September 11, 2025, by submitting new declarations of interest and additional bid guarantees for the blocks. Bidders with active registration but not submitting a declaration of interest may submit bids in consortium with a bidder that has declared interest within the set timeline.

The list of the bidders eligible to participate in the third cycle entails 3R Petroleum Offshore, BP Energy do Brasil, Chevron Brasil Óleo e Gás, CNOOC Petroleum Brasil, Ecopetrol Óleo e Gás do Brasil, Equinor Brasil Energia, Karoon Petróleo e Gás, Petrogal Brasil, Petróleo Brasileiro, Petronas Petróleo Brasil, Prio Forte, QatarEnergy Brasil, Shell Brasil Petróleo, Sinopec Exploration and Production Brazil, and TotalEnergies EP Brasil.

The current version of the tender protocol at the opening of the third Cycle of the Open Acreage of Production Sharing includes 13 exploration blocks: Ágata, Amazonita, Ametista, Citrino, Esmeralda, Itaimbezinho, Jade, Jaspe, Larimar, Ônix, Safira Leste, Safira Oeste, and Turmalina.

This comes after nine companies secured exploration rights in June 2025 for several offshore blocks on offer at the 5th Permanent Concession Offer Cycle held by ANP.