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Thursday, November 8, 2018
The Republic of Congo (ROC) launched an exploration bidding round in Cape Town, at Africa Oil Week. The licensing round is offering 18 blocks in deep-water offshore and onshore sites in its efforts to boost production, the Ministry of Hydrocarbons said on Tuesday.
Phase II of the 2018/19 licensing round has five blocks available in the onshore Cuvette Basin, five in shallow offshore sites, another five in deep and ultra-deep waters and three onshore in the coastal basin, the ministry said in a presentation at the Africa Oil Week conference.
The Congo License Round Phase II 2018-2019 involves five blocks in the shallow offshore, five blocks in the deep and ultra-deep offshore, three onshore blocks in the Coastal Basin and five onshore blocks in the Cuvette Basin.
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