Newfoundland: Bids sought for Flemish Pass Area C

By OGJ editors

The Canada-Newfoundland & Labrador Offshore Petroleum Board has issued a call for bids for Area C covering 208,899 ha in the Flemish Pass area.

The board will receive sealed bids until Nov. 1, 2012 with work program spending commitment the sole criterion for acceptance, that is, spending on exploration in Period 1 of a 9-year license. An exploratory well must be spudded in Period 1. Minimum bid is $1 million.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...