Republic of Congo: Three block awards from bid round


Issue 404 - 21 Nov 2019 | 4 minute read

Republic of Congo has awarded three blocks in the second phase of its bid round, which closed on 30 July. Kosmos Energy has been awarded Marine XXII, while a consortium of Eni and Lukoil was awarded Marine XXIV and XXXI. Perenco bid for the Youbi Block, but its bid scored only 38 points, below the 50-point minimum qualifying level. Kosmos’ bid scored 52 points, and Eni Lukoil scored 55 for Marine XXXI and 57 for Marine XXIV.

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