Finance & Investing
News Services
Newsletters
Get free industry updates via email.
Daily News
Weekly News
Equipment Updates
Weekly Job Register
Monthly Event Guide
Our privacy
pledge.


advertisement

Barbados Closes Licensing Round with Bids from 3 Companies

change text size

The Barbados Licensing Offshore Round, which began promotion in 2007, came to a close on September 30, 2008 with bids submitted by three companies.

During the program many international oil companies showed great interest in the frontier area and engaged the Government of Barbados by making presentations, purchasing 2D seismic data and utilization of the Energy Division's Data Room for closer evaluation of Barbados' offshore seismic and prospectivity data.

Some of these large companies included Borders and Southern, BHP Billiton, BP, Exxon-Mobil, Hess, Newfield, Petrobras, Shell and Statoil.

Of the companies that submitted pre-qualification documents, four of these passed the initial screening.

These were:

  • BHP Billiton
  • Jupiter Petroleum Ltd.
  • Windward (Barbados) Exploration and Production Ltd.
  • Newfield

On the closing date of September 30, 2008, three companies made bid submissions. Companies, who had previously shown interest, indicated that their last minute non-submission was not due to quality of the prospects but rather the recent economic upheaval in the US market and worldwide fiscal uncertainty.

The three companies who submitted bids were:

  • BHP Billiton
  • Windward (Barbados) Exploration and Production
  • Jupiter Petroleum Ltd.
Related Companies
 Company: BHP Billitonmore info


 - BHP Agrees to Sell Pakistan Gas Business (Feb 16)
 - BHP Billiton Slashes Shale Drilling Amid Oil Crash (Jan 20)
 - BHP Tipped To Cut US Shale Spend To Shore Up Dividend Promise (Jan 19)
 Company: BP plcmore info


 - BP Sees TANAP Gas Pipeline Project Deal within Two Months (Mar 25)
 - Wells Cathedral School Pupils Win BP's Ultimate STEM Challenge (Mar 24)
 - BP Plans Maintenance at Sullom Voe Oil Terminal in June (Mar 23)
 Company: Exxon Mobil Corporationmore info


 - Russian Energy Minister to Discuss Cooperation with Exxon CEO (Mar 18)
 - Russian Energy Minister Novak to Meet Exxon CEO on Wednesday (Mar 17)
 - ExxonMobil CEO Says Sound Energy Policies Needed In North America (Mar 13)
 Company: Newfield Exploration Companymore info
 - Newfield to Retain China Assets (Jan 13)
 - Brightoil to Bid for All Newfield's Shares in Bohai Bay, Pearl River Blocks (Nov 4)
 - Newfield Boosts 2014 Production Guidance (Jul 17)
 Company: Petrobrasmore info


 - Brazil Govt Names Vale CEO Ferreira To Head Petrobras Board (Mar 27)
 - Petrobras Names BNDES Head Coutinho As New Chairman (Mar 26)
 - Petrobras Confirms Presence of Hydrocarbons at C1 Well in Santos Basin (Mar 25)
 Company: Shellmore info


 - Shell: Kashagan Oil Production To Resume In 2017 (Mar 13)
 - Shell, Chevron Improve Australian LNG Competitiveness with Technology (Mar 12)
 - Shell Corrects Fourth Quarter Results, Earnings Unaffected (Jan 30)
 Company: Barbados Ministry of Energy and the Environmentmore info
 - Barbados Closes Licensing Round with Bids from 3 Companies (Oct 6)
 - Barbados to Launch Offshore Exploration Round June 22 (Jun 5)
 - Barbados to Launch Offshore Exploration Round June 1st (Mar 28)
 Company: StatoilHydromore info


 - Samsung Heavy Industries Lands Statoil FSU Construction Contract (Sep 14)
 - First Movers in Eco-Drilling: Going 'Dope'-less (Apr 25)
 - StatoilHydro Delays Hammerfest LNG Start Up (Nov 23)

Most Popular Articles
From the Career Center
Jobs that may interest you
US Sales Director
Expertise: Business Development
Location: The Woodlands
 
Senior Project Manager - LNG
Expertise: Project Engineer|Project Management
Location: Pittsburgh
 
Senior Scheduler
Expertise: Project Management
Location: Houston
 
search for more jobs