US $600 Million
of total estimated investment
Permanent allocation
instead of temporary
Favourable conditions in offshore
duty free zones (tax reduction up to 19%)
20 areas
with enormous potential available for bidding
9 Emerging areas
and 11 mature areas are available
No minimum investment
requirement, only minimum activity
Locations include the sedimentary basins of:
You can even submit your bidding for the areas not included in the 20 announced
Lower royalty payments
in the 20 announced
6-year
continental exploration process, and 9-year for offshore
