The approvals come weeks after the government issued a resolution that established the procedure for greenlighting gas exports.
USD 47 MM being invested in Bolivian well CAR-X1005, estimated production of 35 MMcfd of gas
Profitable growth and debt free
OGCI companies set a target to reduce by 2025 the collective average methane intensity of aggregated upstream oil and gas operations
The IMP will be the technological arm of the country to achieve the productive and financial viability of the energy sector
The announcement marks the government's latest attempt to tackle a lack of hard currency amid hyperinflation, acute food shortages and a mass exodus of Venezuelans to neighboring countries.
ANP is studying the possibility of establishing a gas release program, involving natural gas auctions.
The Mexican state-run oil firm penned the agreement with the Block 7 consortium formed by Talos Energy, Premier Oil and Sierra Oil and Gas.
Oil and gas watchdog ANP called on the state-run firm to present a request for the renovation of its onshore and shallow water field concession contracts within 90 days.