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…
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…
The Isle of Man has launched an offshore licensing round for acreage that has not been reviewed in more than 20 years. Isle of Man. Image from iStock. Earlier this week, the…
The Lebanese Petroleum Administration (LPA) has extended the application deadline for pre-qualified companies submitting bids in Lebanon’s first offshore licensing round from 15 September to 12 October. The change was made at the request…
Petronas subsidiary PC Carigali Mexico Operations is opening a Mexico City office in Q3 2017 that will help support the company’s operations in the Salinas basin. In all, Petronas has 5491sq km in gross acreage in the Salina Basin. In June…
Brazil’s National Petroleum Agency (ANP) has published the final bidding terms for the 14th Round of bids for oil and gas blocks set for 27 September. Some of the blocks available in the 14th Round in the Sergipe-Alagoas area…
Mexico’s National Commission of Hydrocarbons (CNH) announced that 30 blocks will be offered in the country’s second deepwater round on 31 January 2018. Image of Mexico's first deepwater round held in December 2016…
Talos Energy and partners Sierra Oil and Gas, and Premier Oil have made an estimated 1.4-2 billion bbl, 'world-class' light oil discovery at the Zama-1 exploration well, offshore Mexico. The find has been described as one of the 20 largest…
Mexico is celebrating its successful shallow water round, Round 2.1, which has awarded 10 of 15 blocks in the Gulf of Mexico today (19 June). Image of Juan Carlos Zepeda, kicking off Round 2.1…
Eni has confirmed the presence of oil in multiple reservoirs at the Amoca-2 well, the first well drilled by an international oil major offshore Mexico since the 2013 Energy Reform. Map of Area 1…
Mexico’s National Hydrocarbons Commission (CNH) finalized seven deepwater Gulf of Mexico contracts, as part of the country’s Round 1.4 held last year. Image of Mexico’s Energy Secretary Pedro Joaquín Coldwell…
Mexico’s energy reform has weathered both the storms of public scrutiny as well as the bad luck of launching during a global oil price downturn. Despite the challenges, Mexico has seen some modest success, but will it continue? Audrey Leon reports…
Murphy Oil announced a partnership with supermajor Chevron in the Gulf of Mexico in Q4 2016, in addition to suffering from a net loss of US$64 million during the period, and an even bigger loss for the year. Image from Murphy…
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