The Liberian Government and the National Oil Company of Liberia (NOCAL) have launched its latest Liberia Basin Bid Round. The round opened 5 August for three months to 31 October 2014. It comprises four undrilled offshore petroleum exploration blocks - LB-6…
A consortium composed of BHP Billiton and BG International won blocks in the recent Trinidad and Tobago offshore bid round, the Ministry of Energy and Energy Affairs (MEEA) announced. MEEA awarded BHP Billiton Petroleum Pty Ltd. and BG International Ltd…
With attractive exploratory potential, the Levant basin off Lebanon, presents an opportunity for international oil companies (IOC) to position themselves in the promising eastern Mediterranean region, an analyst with research and consulting firm GlobalData says…
Electromagnetic Geoservices (EMGS) entered into a partnership agreement with Uruguay's regulating authority for oil and gas exploration, La Administración Nacional de Combustibles, Alcohol y Portland (ANCAP). ANCAP intends to use the…
State-run Perupetro suspended auctions for nine blocks located in the Pisco, Lima, Mollendo and Trujillo because the companies involved submitted requests to alter their respective terms. Perupetro began marketing the blocks in early May…
The Egyptian General Petroleum Corporation (EGPC) has launched a new bid round for exploration licenses in the Gulf of Suez. Fifteen blocks, five in the Gulf of Suez and 10 in the Western Desert sedimentary basins, will be available, with licenses to be agreedon a production sharing model…
The Government of the Republic of Trinidad and Tobago invites participation in its 2013 Deep Water Competitive Bid Round for six offshore blocks located in the East Coast Marine Area and Trinidad and Tobago Deep Atlantic Area to be governed by production sharing contract agreements…
Ocean Rig and Energean Oil & Gas are to join forces in order to participate in new bid rounds for exploration and exploitation of hydrocarbons, in Greece and abroad, in more than 1000m deep water. Energean said the companies had agreed to set up a joint venture called OceanEnergean…
Bangladesh English-language newspaper, Dhaka Tribune, reported on 5 August that state-owned Bangladesh Oil & Gas Corp. (Petrobangla) will sign exploration agreements with two international oil companies for three blocks. Petrobangla initially…
Peru launches offshore round Peru’s international bid round will offer offshore blocks Z-56 and Z-57 (Cuenca Salaverry-Trujillo); Z-53, Z-54, and Z-55 (Lima-Pisco Basins); and Z-58, Z-59, and Z-60 (Cuenca Mollendo). The blocks are within seven miles of the coast…
Trinidad and Tobago announced the signing of four production sharing contracts (PSCs) with Australia's BHP Billiton for four deepwater blocks that the company had previously won in December during the country's 2012 deepwater bid round. On…
Petroceltic International is participating in a joint venture with Edison International Spa, which was the successful bidder for two blocks, North Thekah and South Idku, in the Egyptian Natural Gas Holding Co. 2012 International Bid Round…
Nine offshore oil concessions are up for grabs in Peru's international bid round, which the country launched on Friday, 31 May 2013. The government estimates that the round could rake in US$450 million with companies investing a minimum of $50 million…
TGS announced it will charter the 12-streamer Polarcus Asima for a six-month period. TGS will utilize the ship during an acquisition of a 3D multi-client survey covering 7800km 2 of the Sunfish acre age in Harper Basin, off Liberia. TGS will…
Ahead of the September launch of its second offshore licensing round, Uruguayan national oil company Ancap opened up a Houston data room in February in hopes of whetting IOC appetites. Jennifer Pallanich paid it an early visit.Uruguay Round II has fair bidding terms according to Santiago Ferro…
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