Plans are to launch Argentinaâs offshore bid round at the end of July 2018, offers due by end November. Some 20 companies are reportedly already involved through monthly MINEM workshops, the next scheduled on 6 June.  48 blocks are presently earmarked for the round in the Malvinas (28, mostly deepwater, 3,600-6,300 sq km), Austral (6 shallow-water, 2,000-2,700 sq km), and N part of the Argentina basins (7 deepwater, 6,000-9,000 sq km and 7 ultra-deepwater, 3,000-9,000 sq km). Of note, the nomination process is still open, until 7 June.  Explo term 13 years (4+4+5+5), 30 years prod, extendable 10 years. Shallow-water contacts will however be 11 years (4+3+4), 30 years prod, extendable 10 years. Malvinas blocks will also include an evaluation phase.   It is recalled that Spectrum has been involved in substantial MC seismic surveying in the Argentina and Malvinas basins.   Govt contact:Rodrigo Garcia Berro, email rgarciaberro@minem.gob.ar.
Plans are to launch Argentinaâs offshore bid round at the end of July 2018, offers due by end November. Some 20 companies are reportedly already involved through monthly MINEM workshops, the next scheduled on 6 June. 48 blocks are presently earmarked for the round in the Malvinas (28, mostly deepwater, 3,600-6,300 sq km), Austral (6 shallow-water, 2,000-2,700 sq km), and N part of the Argentina basins (7 deepwater, 6,000-9,000 sq km and 7 ultra-deepwater, 3,000-9,000 sq km). Of note, the nomination process is still open, until 7 June.