Licensing Rounds
Mexico: a foot in the door
1 March 2004
Since nationalisation, in 1938, only Mexican companies, for which generally read state-owned Petróleos Mexicanos ? Pemex ? have been entitled to exploit the country?s oil and gas wealth. The forbidden world of Mexican hydrocarbons production has just been briefly thrown open to foreign oil firms, writes Nigel Ash
Mauritania: a different corner
1 March 2004
With first oil output scheduled for late 2005, Mauritania is set to become one of Africa?s new energy exporters. Yet the country?s rise to international prominence is largely based on potential, writes Martin Clark
Libya’s oil still tantalises
1 March 2004
Tripoli wants to accelerate the award of exploration territory. A new ? fourth ? version of the country?s Exploration and Production Sharing Agreement (Epsa-4) is to be introduced in the first half of this year; blocks are to be offered for bids individually, instead of in large packages; bid procedures will be made more transparent; a new model contract will be drawn up; and National Oil Corporation (NOC) is to be reorganised, Martin Quinlan writes
Low point for upstream
1 September 2003
Brazil: no jackpot, yet
1 May 2002
The areas available for oil and gas exploitation in Brazil are vast and, in most cases, barely explored. The regulator is confident that major discoveries are still to be made and expects the fourth annual licensing round to be a success. But while private oil firms remain optimistic over the longer-term prospects, the confidence of the sector in general would benefit from a big commercial discovery, writes Tom Nicholls
Fighting import dependency
1 December 2000