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Staatsolie completes the deep water block auction

The Demerara bidding round for 2022–2023 has been closed by Staatsolie. There were six offshore blocks up for grabs. Staatsolie claims that for three of the four blocks, it has received qualified bids from various businesses and/or consortia. Before June 30, 2023, the successful bidders will be notified so that the ensuing Production Sharing Contracts […]

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