Exploration & Production

Jordan licensing round draws interest from majors

Jordan has prequalified four bidders for its largest-ever exploration licensing round Jordan has prequalified four bidders for its largest-ever exploration licensing round.
By Verity Ratcliffe 31 May 2018 0 31083
A Shell drill team in Oman. (Shell)

Jordan has drawn interest from four potential bidders, including Total and Shell, for the biggest oil and gas licensing round the country has ever held, an energy ministry official told Interfax Natural Gas Daily. This bodes well for its plan to develop its resources and reduce its dependence on energy importers. 

The Ministry of Energy and Mineral Resources (MEMR) has qualified Total, Shell, Southern Procurement Services (SPS) and Pakistan Petroleum to bid in its upcoming oil and gas licensing round. A total of 12 companies applied...