Mexico Limits Bids for Shallow Water Contracts
National Hydrocarbons Commission also said that no operator can take part in more than one consortium on the first round, as it set out a series of rules and requirements for prospective bids. The first round of contracts are for 14 shallow water areas featuring significant deposits of light crude oil and will pay winning firms with a share of output from projects that Mexican regulators said on Wednesday feature average production costs of about $20 per barrel. (Reporting by David Alire Garcia
Helping to Secure Ghana's Power Supply
working closely with Quantum Power to provide an effective solution that will maximise operability of the facility and ensure safe and efficient transfer of LNG. The LNG import facility will deliver much needed natural gas to the Ghanaian power sector, displacing the more expensive light crude oil that is currently used. This will enhance the security and economic viability of the country’s power sector. Quantum Power aim to deliver first gas by early 2016 in volumes sufficient to fuel up to 1,000 MW of base load generation