Reviews and Amendments ANP have thirty (30) days of receipt of the Annual Work and Budget Program to approve it or request the Concessionaire to make any modifications. If ANP requests modifications, the Concessionaire shall have thirty (30) days of the date of such request to resubmit the Annual Work and Budget Program with the modifications requested, thus repeating the procedure provided for in paragraph 16.3. The Concessionaire shall comply with the Annual Work and Budget Program submitted to ANP pursuant to the modifications determined by ANP, if any. Submission of the Annual Work and Budget Programs, as well as their reviews and changes, shall not impair, render invalid, or reduce, in any event, the obligations undertaken by the Concessionaire under this Agreement. SECTION SEVENTEEN DATA AND INFORMATION – Supply by the Concessionaire The Concessionaire shall keep ANP informed with respect to the progress, results, and terms of the Operations. The Concessionaire shall send to ANP, as determined by ANP, copies of maps, sections, profiles, studies, interpretations, other geological, geochemical, and geophysical data and information, including data on wells, models of static and dynamic Reservoir, and flow regimes obtained from tests, in addition to reports or any other documents defined in a specific regulation and obtained as a result of the Operations and of this Agreement, containing information necessary to characterize the progress of the works and the geological knowledge of the Concession Area. Under art. 22 of Law No. 9,478/1997, the technical inventory formed by data and information on the Brazilian sedimentary basins are an integral part of the national oil resources, and the Concessionaire shall submit such data and information, including those regarding the geological, geophysical, and geochemical modelling of the Concession Area, to ANP. ANP shall ensure compliance with the confidentiality periods, under the applicable laws and regulations. The quality of the copies and other reproductions of data and information referred to in paragraph 17.1.1 shall be as reliable and standard as the respective originals, including with respect to color, size, legibility, clarity, compatibility, and other relevant characteristics. Processing or Analysis Abroad The Concessionaire may dispatch rock and fluid samples or geological, geophysical, and geochemical data abroad upon the prior and express authorization by ANP.
Reviews and Amendments ANP have thirty (30) days of receipt of the Annual Work and Budget Program to approve it or request the Concessionaire to make any modifications. If ANP requests modifications, the Concessionaire shall have thirty (30) days of the date of such request to resubmit the Annual Work and Budget Program with the modifications requested, thus repeating the procedure provided for in paragraph 16.3. The Concessionaire shall comply with the Annual Work and Budget Program submitted to ANP pursuant to the modifications determined by ANP, if any. Submission of the Annual Work and Budget Programs, as well as their reviews and changes, shall not impair, render invalid, or reduce, in any event, the obligations undertaken by the Concessionaire under this Agreement. SECTION SEVENTEEN – DATA AND INFORMATION Supply by the Concessionaire The Concessionaire shall keep ANP informed with respect to the progress, results, and terms of the Operations. The Concessionaire shall send to ANP, as determined by ANP, copies of maps, sections, profiles, studies, interpretations, other geological, geochemical, and geophysical data and information, including data on wells, models of static and dynamic Reservoir, and flow regimes obtained from tests, in addition to reports or any other documents defined in a specific regulation and obtained as a result of the Operations and of this Agreement, containing information necessary to characterize the progress of the works and the geological knowledge of the Concession Area. Under art. 22 of Law No. 9,478/1997, the technical inventory formed by data and information on the Brazilian sedimentary basins are an integral part of the national oil resources, and the Concessionaire shall submit such data and information, including those regarding the geological, geophysical, and geochemical modelling of the Concession Area, to ANP. ANP shall ensure compliance with the confidentiality periods, under the applicable laws and regulations. The quality of the copies and other reproductions of data and information referred to in paragraph 17.1.1 shall be as reliable and standard as the respective originals, including with respect to color, size, legibility, clarity, compatibility, and other relevant characteristics. Processing or Analysis Abroad The Concessionaire may dispatch rock and fluid samples or geological, geophysical, and geochemical data abroad upon the prior and express authorization by ANP.
Ingles_Minuta_contrato_Blocos_OP.docx