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Oil & Gas

IGas offered licences in latest onshore round

IGas said it has been offered six new licences in the first group of licences awarded in the UK’s 14th onshore oil and gas licensing round. The company said the licences are located in the Gainsborough Trough in the East Midnlands and include exploration prospects for both shale gas and conventional oil and gas. IGas already operate 80 sites in the area with many having been in production for more than 20 years.

Oil & Gas

Mexico auction: First phase sees only two successful bids

The first round of the historic opening into Mexico's crude market has closed with only two successful bids. A total of 14 blocks had been up for grabs in the landmark opportunity for companies looking to invest in the region. However, as the CNH (Comision Nacional de Hidrocarburos) moved through the blocks on offer it was clear Mexico's big gamble was off to a slow start.

Americas

Pemex to miss first round of Mexico oil tender

Mexican state-owned energy giant Pemex will not be participating in round one of the country’s historic energy opening. The move was revealed by Mexican energy minister Pedro Joaquin Coldwell. The initial tenders are part of an opening which is aimed at helping to bring more private investment into the country’s oil and gas sector.

Oil & Gas

Mozambique delays fifth oil and gas bid round

Mozambique's fifth oil and gas bid round has been delayed from its April 30th deadline. The government did say why the deadline had been extended to a later date of July 30th. There are 15 exploration blocks on offer, including three new areas of the northern Rovuma Basin.