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Government awards record number of offshore oil and gas licences

2013-11-28 17:09:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The government has awarded a record number of offshore oil and gas licences in its latest round of tenders, it said on Friday, as the country scrambles to attract new exploration before existing infrastructure is decommissioned. The energy ministry awarded 52 exploration licences under the second and final tranche of its 27th offshore round. That brings the round's total to 219 licences, exceeding the previous record of 190 awarded in the 26th round. Friday's tranche included 21 smaller and...

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