Curtis Williams
OGJ Correspondent
PORT OF SPAIN, Dec. 7 -- Nine companies entered bids for 8 of the 11 onshore and nearshore blocks offered by the government of Trinidad and Tobago.
The bid round was completed after more than a year's delay caused by the introduction of a new production-sharing contract.
Many large oil and gas companies did not bid for the small nearshore and onshore blocks but are expected to bid in the Atlantic Deep bid round, which concludes Dec. 15.
Of the 11 blocks on offer there were no bids for the Herrera shallow and deep horizon blocks as well as NCMA 3 (OGJ Online, Mar. 24, 2006).
Among companies bidding for blocks were Australia's Hardman Oil & Gas Pty. Ltd. and the Indian partnership of Oil & Natural Gas Corp. and Mittal.
