Deadlines for the shallow water bid round offshore Trinidad and Tobago have been extended from early April to noon local time on May 27.
The Ministry of Energy and Energy Industries of the Government of the Republic of Trinidad and Tobago said it extended the deadline based on feedback from current stakeholders and potential bidders.
The ministry launched the 2023/2024 Shallow Water Competitive Bidding Round in October 2023, putting 13 blocks on offer.
The blocks are along the western, eastern, southern and northern coasts of Trinidad and Tobago, and many are adjacent to already licensed blocks.
The ministry has previously said successful bids would be announced four months after the bid submission deadline.
Recommended Reading
Ithaca Deal ‘Ticks All the Boxes,’ Eni’s CFO Says
2024-04-26 - Eni’s deal to acquire Ithaca Energy marks a “strategic move to significantly strengthen its presence” on the U.K. Continental Shelf and “ticks all of the boxes” for the Italian energy company.
Deep Well Services, CNX Launch JV AutoSep Technologies
2024-04-25 - AutoSep Technologies, a joint venture between Deep Well Services and CNX Resources, will provide automated conventional flowback operations to the oil and gas industry.
EQT Sees Clear Path to $5B in Potential Divestments
2024-04-24 - EQT Corp. executives said that an April deal with Equinor has been a catalyst for talks with potential buyers as the company looks to shed debt for its Equitrans Midstream acquisition.
Matador Hoards Dry Powder for Potential M&A, Adds Delaware Acreage
2024-04-24 - Delaware-focused E&P Matador Resources is growing oil production, expanding midstream capacity, keeping debt low and hunting for M&A opportunities.
Making Bank: Top 10 Oil and Gas Dealmakers in North America
2024-02-29 - MergerLinks ranks the key dealmakers behind the U.S. biggest M&A transactions of 2023.