Thailand begins bidding two offshore blocks in the Gulf of Thailand
Photo Credit: http://www.pttngd.co.th/content/content.aspx?id=41
The Ministry of Energy of Thailand officially opens a bid application for the right to explore and produce petroleum in the offshore Exploration Block No. G1/61 (Erawan) and G2/61 (Bongkot) in the Gulf of Thailand. Both blocks are to be explored under a production sharing contract, with a 3-year exploration period (with 3 years extendable) and 20-year production period (with 10 years extendable) starting immediately after the end of the exploration period.
Interested companies wishing to apply for the rights to be a production sharing contractor shall submit the pre-qualification application form by May 4, 2018 at https://bidding2018.dmf.go.th/G1/registration.php
For further information, please contact the Department of Mineral Fuels, 21st Floor, Energy Complex Building B, Vibhavadi Rangsit Road, Chatuchak District, Bangkok 10900, during office hours, or visit website at www.dmf.go.th/bidding2018 or via e-mail at PetroleumBidding@dmf.go.th
Bidding Process / timetable: