Italy’s Eni won, with a 100% share a production sharing contract, to appraise, develop, and exploit the oil fields of Amoca, Miztón e Tecoalli, located in the Area 1 in the Campeche Bay, offshore Mexico, following an international auction held on 30 September in Mexico City…
Brazil’s National Petroleum, Natural Gas, and Biofuels agency (ANP) has approved registrations for a total of 37 companies for the country’s 13th bid round, of which 22 are from outside of Brazil. Image from ANP's Facebook…
Brazil’s National Petroleum, Natural Gas, and Biofuels agency (ANP) expanded on its approval of the country’s 13th bid round, with the announcement of more than 22 of 39 applications from international oil and gas companies. Magda Chambriard…
Mexico’s Comisión Nacional de Hidrocarburos (CNH) revealed that four companies have opted to withdraw from the country’s historic Round One in the southern Gulf of Mexico, according to a Reuters report. Image from Pemex…
Supermajors Chevron and ExxonMobil were two of 26 companies, both privately and in consortia, that have earned the right to submit bids for Mexico’s Round 1 to be held on 15 July, the country’s National Hydrocarbons Commission (CNH) announced on 25 May…
For the first time in decades, Mexico’s upstream business is accessible to foreign companies. A panel of experts discussed the implications at this week's CERAWeek conference in Houston and found that, with three bidding rounds planned and data rooms open for scrutinizing…
As Mexico’s energy industry slowly opens up to outside investment, the country’s industry is assured to look very different in the future from today. GlobalData’s Adrian Lara and Will Scargill examine the details. Pemex has had a monopoly…
While Mozambique’s previous two oil and gas licensing rounds have had limited success, the country will be hoping that recent discoveries and its revised fiscal environment will create an investment boost during its latest bid round, says research and consulting firm GlobalData…
With Mexican oil open to private investment for the first time, the country’s initial bidding round is expected to remain competitive despite low oil prices, delays and a number of uncertainties, according to research and consulting firm GlobalData…
The deadline to apply in Mozambique’s fifth licensing round has been extended to 30 April 2015. The Institute of National Petroleum (INP), on behalf of the Government of the Republic of Mozambique, announced the extension for the competiive…
Mexico has opened bidding for oil exploration rights in 14 areas of the Gulf of Mexico to domestic and international companies after upstream oil regulator, Comision Nacional de Hidrobarburos (CNH), this week approved rules for the first part of Bid Round 1…
Toronto-based Pacific Rubiales Energy and Mexico’s Alfa S.A.B. de C.V (ALFA) entered into an agreement to create a 50:50 joint venture for the development of business in Mexico. Pantin. From Pacific Rubiales…
Liberia’s current invitation-only bidding round has ignited interest among international oil companies, due to the country’s considerable hydrocarbon potential and favorable fiscal terms. However, the Ebola virus outbreak and Liberia’s poor infrastructure will pose challenges to the round…
Mozambique will announce their fifth licensing round later this month in London. A total of 15 blocks at a total acreage of 76,800sq km will included in the competitive bidding round for hydrocarbon exploration that include areas offshore Rovuma…
Eni scooped up three new exploration licenses in Egypt as a result of the 2013 Egyptian General Petroleum Corp. (EGPC) and the Egyptian Natural Gas Holding Co. (EGAS) international licensing bid rounds. Two of the three blocks are located…
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