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Argentina Offshore License Round Opens

Source: www.gulfoilandgas.com 11/7/2018, Location: South America

Argentina’s highly anticipated offshore license round has officially opened with interested parties now invited to register their eligibility and submit bids by the closing date, set for March 14, 2019.

This inaugural round presents a truly exciting opportunity in one of the last unexplored territories on the globe. The acreage on offer has seen very few wells drilled yet the hydrocarbon system has been proven.

Furthermore, the legal framework created in advance of this round is both robust and favorable for explorers; Argentina’s mature onshore plays mean that the country’s energy secretariat knows what is necessary to attract and sustain oil company investment.

This mix of constructive above-ground conditions and under-explored territory make Argentina’s offshore acreage arguably the most attractive available globally over the next 12 months.

Exploration News in Argentina >>

Norway >>  1/16/2019 - Equinor has, together with its partners Petoro, ExxonMobil and Total, proven gas and condensate in the Norwegian Sea Ragnfrid North (6406/2-9 S) explo...
Norway >>  1/16/2019 - Equinor has, together with its partners Petoro, ExxonMobil and Total, proven gas and condensate in the Norwegian Sea Ragnfrid North (6406/2-9 S) explo...

Brazil >>  1/14/2019 - Petroleo Brasileiro SA - Petrobras reports that it formally expressed to the National Energy Policy Council (CNPE) interest to exercise the pre-emptio...
India >>  1/6/2019 - India's Directorate General of Hydrocarbons (DGH) plans to launch the Open Acreage Licensing Programme Bid Round-II on Monday Jan 7th in New Delhi, ac...

Equatorial Guinea >>  1/5/2019 - Ophir has received notification from the Equatorial Guinea Ministry of Mines and Hydrocarbons that the Block R Licence, which contains the Fortuna gas...
Lebanon >>  1/3/2019 - The round is scheduled for official launch this month, with a window for prequalification from January to April 2019. PGS has seismic data that will a...

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