Bid Rounds News Today

ONLY four of the 13 blocks up for offer in the 2023/2024 Shallow Water Competitive Bidding Round received bids by the time the auction officially closed yesterday.

Since the commencement of the current federal administration, there have been clear signs that Mexico's energy policy will undergo a radical change of focus to restore the dominance of the state energy companies instead of developing the liberalised energy markets implemented in the 2013 energy reform. During the past year, the power sector has received the most attention in this regard. However, in recent months, the oil sector has regained the administration's focus.

Brazil: PGS delivers GeoStreamer X data over Campos Basin pre-salt 11 May 2021 GeoStreamer X data provides in the Brazil pre-salt play. The ‘X-Factor’ GeoStreamer X offers a step-change in data quality for the complex geological regimes of the emerging Campos pre-salt play, by combining multisensor broadband fidelity with long offset, azimuth-rich illumination. GeoStreamer X acquisition designs are tailored, including sources, streamer spacing, and streamer length to enable more accurate d...