... infraction notices generate financial penalties whose are set to force operators to follow the recommendation given by ANP. Petrobras, which is responsible for 94.3% of oil and gas production in Brazil, awsers for most part of infraction notices issued and has paied approximately R$250 million...

... content percentage was then included into the concession contract which included penalty provisions in case the local content percentages were not met. In the 5th and 6th rounds, the local content requirements were amended to require a minimum local content percentage. In 2007, ANP passed new regulations...