Thirteen companies have been approved by Brazilian authorities to participate in a November oil bidding round for offshore exploration and production rights.The companies were cleared to participate in the so-called 6th pre-salt bidding round…
Fourteen companies have been officially approved by Brazilian authorities to participate in an oil bidding round in November, in which total signing bonuses are expected to be the biggest so far, exceeding $25 billion, national oil regulator ANP said on Monday…
Brazil's Petroleo Brasileiro SA is scheduled to hold a final 're-bid' for two oilfields off the coast of Rio de Janeiro on July 8, four sources told Reuters this week, after the state-run oil firm annulled a previous bidding round.Among the…
Sierra Leone has put on a brave face and announced a rehashed package for bidders interested in taking part in its fourth hydrocarbons licensing round that was suddenly put on the ice in September 2018 after a new administration took charge…
Abu Dhabi National Oil Company (ADNOC) said that it has launched the second exploration bid round for five new oil and gas blocks.The bidding will be for both conventional and unconventional resources, and the successful bidders will enter into agreements granting them exploration rights…
Equinor said it has added seven offshore exploration blocks to its portfolio, after presenting winning bids in the first open bid round for Argentinean offshore acreage in more than 20 years.The licensing round offered a total of 38 blocks,…
Lebanon announced on Friday five offshore blocks to be included in its coming bidding round for energy exploration and production licences, including four along disputed maritime borders.Offshore energy development has been a central ambition for successive governments in cash-strapped Lebanon…
Israel's offshore oil and gas licensing auction will go ahead as planned in June regardless of the outcome of the country's upcoming general elections, Energy Minister Yuval Steinitz said in an interview.Israelis will head to the polls on April…
Statoil and partners were the high bidders for four blocks in the Campos basin in Brazil’s 15th licensing round held on 29 March. With the new licenses, Statoil strengthens its position in Brazil and increases synergies with current projects…
Lebanon's Council of Ministers has approved the awards of two exclusive petroleum licenses for exploration and production in Lebanese Blocks 4 and 9 for the consortium composed of Total, Eni and Novatek. The three companies, acting as a consortium…
Companies from India and Greece including ONGC and Energean are among those who have made bids for blocks in Israel's first offshore lidding round. The round closed yesterday. Israel's Ministry of Energy said it had received bids from…
Brazil’s National Energy Policy Council has approved acreage to be offered in the 15thRound of Bids for Exploration, scheduled for 29 March, 2018, of the 15th Round of Bids for Exploratory Blocks, and the 4th Round of Bids for production sharing on 7 June 2018…
Three companies, Eni, Total and Novatek, acting as a consortium have made the only bids in Lebanon's first offshore licensing round. The three companies together bid on Blocks 4 and 9, says the Lebanese Petroleum Administration. Block…
Mexico’s National Hydrocarbons Commission (CNH) has issued a call for bids for the country’s Round 3, consisting of 35 shallow water areas in the Gulf of Mexico. Image from iStock. The 35 areas cover some 26…
Brazil’s National Petroleum Agency (ANP) has received 10 expressions of interest for the second round and 15 for the third round of pre-salt bidding under production sharing contracts in the upcoming 27 October auction. The applications…
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