Nicaragua
News

IN BRIEF: Newcomer eyes Nicaragua hydrocarbons

Bnamericas Published: Monday, March 23, 2015
IN BRIEF: Newcomer eyes Nicaragua hydrocarbons

Nicaragua's government announced that state oil company Petronic signed a cooperation agreement with Jersey-based junior firm EastSiberian to study hydrocarbons exploration activity.

The companies will present documents to the energy and mines ministry to negotiate concession contracts, state news service El Pueblo Presidente reported.

Last year, lawmakers approved a bill to allow Petronic to have a 10% stake in future E&P concessions. Companies with exploration acreage in the country include Infinity Energy Resources and Noble Energy.

To continue reading, subscribe to BNamericas to get all the information in this article and access to related news items and reports.

Subscribe to BNamericas and gain access to thousands of project profiles, key contacts and news.

Other projects in: Oil & Gas

Get critical information about thousands of Oil & Gas projects in Latin America: what stages they're in, capex, related companies, contacts and more.

Other companies in: Oil & Gas

Get critical information about thousands of Oil & Gas companies in Latin America: their projects, contacts, shareholders, related news and more.

  • Company: CGX Energy, Inc.  (CGX)
  • CGX Energy Inc. (CGX) is a hydrocarbon exploration Canadian company, whose controlling shareholder is Frontera Energy Corporation. It was founded in 1994 to explore and evaluate...
  • Company: Haug S.A.  (Haug)
  • Over 60 years of experience make Haug an industry staple in metal construction, assembly and installation in Peru and abroad, with an important presence in a number of countries...
  • Company: Grupo Cocomex
  • Grupo Cocomex is a Mexican company engaged in developing infrastructure projects and participating in the concessions business and environmental engineering. The company has par...
  • Company: Consórcio Pipe Rack
  • Consórcio Pipe Rack is a consortium led by Grupo Novonor and comprising UTC Engenharia and Mendes Júnior, which was retained by Petrobras to build the pipe rack to support the p...
  • Company: Turner & Townsend
  • Turner & Townsend is a British multinational consulting agancy aimed at the development of projects in the infrastructure, real estate, energy and natural resources sectors. Its...