Licensing Rounds
Libya: Licence to drill
1 March 2005
January's upstream licensing round, which saw the allocation of all 15 areas on offer, signals the start of a dramatic turnaround in Libya's underachieving oil and gas sector. It also marks the return of US companies after a two-decade absence. Tom Nicholls reports
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