The Ministry of Hydrocarbons of the Republic of Congo has introduced the promotion of the Congo-Brazzaville License Round Phase 2 2018/19 at Africa Oil Week, Nov. 5-9, 2018. Congo Minister of Hydrocarbons, Jean-Marc Thystère Tchicaya said, “With the assist of PGS and AOW, now we have scheduled the promotion of Phase 2 of the Congo License Round to happen at Africa Oil Week. The Ministry is presently finalizing the main points and we count on to make use of what’s a very powerful oil and fuel summit in Africa to behave as a springboard for the success of this bidding spherical.”

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“We are dedicated to welcoming the worldwide upstream operators to Congo – we may have an exhibition stand, host a seminar and have non-public conferences with potential companions all through the occasion, so we encourage the worldwide oil and fuel neighborhood to hitch us at Africa Oil Week.”

Hon Minister Thystère Tchicaya went on to say, “The Republic of Congo will concentrate on constructing on the momentum of the License Round Phase 1 in 2016, which noticed 30 worldwide firms register to take part. The timetable for the License Round Phase 2 will see the opening of the decision for tender in September 2018, adopted by a serious promotion marketing campaign in Cape Town at Africa Oil Week in November 2018. The cut-off date for receipt of tender gives in Brazzaville shall be June 30th 2019.”

The Congo License Round promotion highlights the significance of Africa Oil Week in driving new enterprise alternatives for explorationists in Africa. Paul Sinclair, Conference Director for Africa Oil Week, added, “The Congo bidding spherical gives a degree of pleasure that continues to place Africa Oil Week because the must-attend occasion in Africa.”

“It is on this context that the Congo License Round Phase 2 will provide an unique alternative for the worldwide oil and fuel business, letting them take strategic positions in areas of the Republic of Congo with a big confirmed potential for hydrocarbons.”

Source: www.worldoil.com

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