International Public Bid Round No. 1 to grant offshore exploratory permits in the Argentine continental platform
The 38 areas comprise:
● 14 areas of the Northern Argentina Basin (7 deep water blocks – WD 200 to 1,300m – from 6,000 to 9,000 km2, and 7 ultra-deep water blocks – WD 1,200 to 4,000m – from 3,000 to 9,000 km2);
● 6 areas of the Austral Sea Basin (shallow water – WD below 100m) from 2,000 to 2,700 km2; and
● 18 areas of the Western Malvinas Basin (deep water – WD 100 to 700m) from 3,600 to 6,300 km2.
Interested parties can file the documents required by the Bidding Terms to be included in the list of prequalified bidders, acquire access codes to the Virtual Database, and submit their queries to the SE regarding the Bid Terms. Queries and clarifications regarding the Bidding Terms will be published in the SE’s website. Deadline will be on February 14, 2019.
The opening date for offers by the bidders will be on March 14, 2019. The list of offers with respect to each block and their bidders will be published later in the SE’s special website designed for this Round: https://costaafuera.
On April 15, 2019, the resolution awarding the blocks will be published.
On July 15, 2019, resolutions granting exploration permits will be published.
On July 30, 2019, final exploratory titles will be granted.
Click here for a presentation on this investment opportunity
Click here for Resolution 65/2018
Click here for terms and conditions