Skip to main content

Offshore & subsea - 20 May 2019


Argentina awards offshore exploration permits

The winning companies offered bids totalling US$724 million, the government said in official statements, and won the rights to explore for up to 13 years in areas of the South Atlantic.


Ophir sells interest in Block 5 offshore Mexico

The company's interest has been sold to the existing partners in the Block 5 exploration licence, subsidiaries of Murphy Oil Corporation, Wintershall Dea and Petronas.