Two decrees related to the demarcation of maritime blocks and the contracts for the exploration and production (E&P) of oil and gas have been ratified by the Council of Ministers. Prequalified companies have been awaiting the decrees for more than three years. The number of prequalified international companies in the bidding process is 46, including 12 operators.
The ratification opens the way to the first licensing round for the prequalified companies. The first licensing round was adjou...
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