6th
INTERNATIONAL LICENSING ROUND
OIL
& GAS EXPLORATION OPPORTUNITIES
The Ministry of Energy and
Mines and Sonatrach have the great pleasure to announce the 6th
International Licensing Round for Oil & Gas Exploration and Appraisal
Opportunities, in partnership with Sonatrach.
Oil & Gas companies are kindly
invited to apply within the framework of the bid round indicated hereafter.
The selected perimeters on offer are located
within different Algerian petroleum
basins with very high petroleum resources.
Basin |
Perimeter |
Blocks |
Surface (Sq km) |
South
East Constantine |
4 368 |
||
Berkine |
4 611 |
||
5 670 |
|||
Oued Mya |
14 937 |
||
Illizi |
5 538 |
||
5 304 |
|||
5 640 |
|||
Bechar
Oued Namous |
18 380 |
||
Gourara |
22 115 |
||
Reggane |
9 385 |
Presentation Meeting
Technical information and main
contractual terms related to blocks on offer will be presented on October 20th,
An information package will be
available, containing:
Ř Technical
summary of the blocks,
Ř Data
Room organization and modalities,
Ř Main
contractual terms.
Data Room session
A company profile will be requested for data
room participation.
A complete data package (geological data,
geophysical data...etc) for the selected perimeters will be available for review during a
Data Room Session in Algiers, from October 23rd,
2004 to December 16th, 2004.
The data room participation will require
payment of fees.
Companies will be allowed to duplicate the
data for in-house accurate evaluation.
A model contract for each perimeter together
with related bid round documentation will be delivered during the Data Room.
Clarification meetings
In order to allow the companies to have a
better understanding of the contractual terms, clarification meetings can be requested by
the companies from December 4th,
2004 to December 22nd, 2004. Companies may suggest changes to the
model Contract, if any, until December 22nd, 2004.
No changes to the Contract will be accepted
after this date. All the companies will be informed and receive the final contract
draft before January 19th, 2005.
Ř The
closing date
for the Licensing Round will be on March 19th, 2005 at 04:00 P.M.
local time. The bids including the initialled contract must be submitted by hand under
sealed envelope before 10:00 A.M. on March 20th,
2005 at Sonatrach,
6th Floor, Chemin du Réservoir, Hydra, 16035 Alger.
Ř Bids
will be opened on March 20th, 2005
at 12:00 A.M. in presence of all bidders.
Ř Award
of contracts
will be made on the basis of a single bid parameter.
Ř Signing
of contracts:
Within fifteen (15) days following the award. The proposed date is March 30th,
2005.
For
more information on this 6th Licensing Round, Oil & Gas companies
are kindly invited to visit:
Ministry
website: www.mem-algeria.org
Sonatrach
website: www.sonatrach-dz.com
or
contact:
bidroundexp@wissal.dz (alternative)