Dana Gas, the Middle East’s leading regional private sector natural gas company, has announced it was a successful bidder in the Egyptian Natural Gas Holding Company 2012 International Bid Round that took place on 18th April 2013. The Company was awarded 100% working interest in the North El Arish Offshore (Block 6) concession area. The [...]
The Ministry of Energy of the Republic of the Union of Myanmar on Wednesday announced Invitation of Sealed Bids for Petroleum Operations to be conducted in Myanmar Offshore Areas. The ministry has offered 30 offshore blocks. “The petroleum operation shall be conducted on production sharing basis and the parties, who desire to enter into the Production Sharing [...]
Ecopetrol S.A. announces that its U.S. affiliate placed the most competitive bids for 6 blocks in the “Central Planning Area Lease Sale 227″ round held in New Orleans, as disclosed by the Bureau of Ocean Energy Management (BOEM), the governmental authority in charge of the process in the U.S. In this lease sale, Ecopetrol America [...]
Japan’s oil and gas company INPEX has announced that it was successful in the 2012 Petroleum Licensing Round in Indonesia and awarded the West Sebuku Block (the Block) jointly with Mubadala Petroleum. INPEX and Mubadala will further negotiate with the Indonesian Government to conclude the terms and conditions of the Production Sharing Contract for the West Sebuku Block. The [...]
The U.S. Bureau of Ocean Energy Management (BOEM) said Thursday it had completed its required evaluation to ensure that the public receives fair market value for tracts leased as part of Western Gulf of Mexico Oil and Gas Lease Sale 229. After extensive economic analysis, BOEM awarded leases on all 116 tracts that received bids [...]
As part of President Obama’s all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, the Department of the Interior’s Bureau of Ocean Energy Management yesterday held Western Gulf of Mexico Lease Sale 229, which offered over 20 millions acres and attracted $133,767,074 in high bids for 116 tracts covering 652,522 acres [...]
Ecopetrol S.A. reports that it has submitted the best offers for 12 exploratory blocks in the Round Colombia 2012, following the opening of bidding held on October 17 by the National Hydrocarbons Agency (Agencia Nacional de Hidrocarburos, ANH) in Cartagena, Colombia. Of the 12 blocks, Ecopetrol holds a 100% stake in six of them, and [...]
Energean Oil & Gas, an international independent oil & gas E&P company headquartered in Athens, Greece, with a current focus on the Mediterranean and North Africa region, announces its participation in the Greek Open Door process for hydrocarbons exploration rights in three areas of western Greece. Energean as operator teamed up with partners for the [...]
Yesterday, the Department of the Interior took the latest step as part of President Obama’s all-of-the-above energy strategy to expand safe and responsible domestic energy production, holding a 39 million acre lease sale in the Gulf of Mexico. Secretary of the Interior Ken Salazar announced that the Central Gulf of Mexico oil and gas lease [...]
The Canada-Newfoundland and Labrador Offshore Petroleum Board announced of a Call for Bids in the Newfoundland and Labrador Offshore Area. Call for Bids NL12-02 (Area “C” – Flemish Pass) will consist of one parcel consisting of 208,899 hectares. Interested parties will have until 4:00 p.m. on November 1, 2012 to submit sealed bids for this [...]
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