The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) has issued a Call for Bids in the Jeanne d’Arc Region under the Scheduled Land Tenure Regime in the Canada-Newfoundland and Labrador Offshore Area. Call for Bids NL17-CFB01 map…
US oil major Chevron has picked up a new exploration permit in a 'gas-rich' part of the Carnarvon Basin, offshore western Australia. Chevron paid US$2.3 million (A$3 million) for the cash bid permit WA-526-P, which will last six years…
India's government has awarded 31 contract areas as part of its Discovered Small Fields (DSF) bid round 2016, including eight offshore. A total of 134 bids were received for 34 contract areas. Of those, 22 companies (singly or in consortium) were shortlisted for 31 Contract Areas…
Mexico's highly anticipated deepwater bidding round, Round 1.4, in Mexico City resulted in eight of the 10 deepwater blocks in the Gulf of Mexico awarded. Evaluating submitted bids. OE…
The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) has issued a Call for Bids in the Labrador South Region under its Scheduled Land Tenure Regime. Call for Bids NL16-CFB03 (Labrador South Region) covers 10 parcels over a total 2…
The Canada - Nova Scotia Offshore Petroleum Board (CNSOPB) has not received any successful bids for its Call for Bids NS16-1 issued on 2 May 2016. The parcels are no longer up for bid and remain as Crown land. The next Call for Bids (NS17-1) will be issued in spring 2017…
Petrobras has relaunched the bid process for its Libra Pilot floating production and storage offloading vessel (FPSO), following the cancelation of the previous bid process due to “an abnormally high price.” Image of Libra field operations…
The government of India is launching a small field bidding round this week that consists of 67 discovered small fields in 46 shallow water, deepwater, and onshore contract areas. The Discovered Small Field Bidding Round – 2016 will be launched tomorrow…
The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) has issued two calls for bids in the Eastern Newfoundland and Jeanne d’Arc Regions under the Scheduled Land Tenure Regime in the Canada-Newfoundland and Labrador Offshore Area…
The US Bureau of Ocean Energy Management (BOEM) held two lease sales today (23 March) in New Orleans, amid loud protests from environmental groups. One lease sale (Lease Sale 241) attracted some US$156 million in high bids, the other sale (Lease Sale 226)…
A total of 18 blocks are up for bid for exploration in 2016 to international oil and gas companies wanting to partner with operator China National Offshore Oil Co. (CNOOC). Map of blocks up for bid…
Several oil and gas majors put in their bids worth more than US$907 million ($1.2 million CAD) for a chance to explore about 2.6 million hectares of the Canada-Newfoundland and Labrador offshore area, according to the Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB)…
As Mexico’s first offshore bidding round for already discovered fields saw bids significantly higher than the minimum set up by the government, adding further transparency to the process would be positive for the round as it approaches its deepwater phase…
On 14 September, Mexico's Finance Ministry announced the minimum acceptable bids for the shallow water development opportunities phase of Round One. Image of Round One. From CNH. Wood…
The US Bureau of Ocean Energy Management (BOEM) announced that its Western Gulf of Mexico (GoM) lease sale 246 held today (19 August) attracted US$22.7 million in bids. The BOEM and industry advocates say the sale reflects current market conditions…
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