15 Companies After Guatemalan Oil Fields

Executives from 15 international companies participated in the briefing of new bidding areas.

Friday, December 3, 2010

Tradex, Perenco, Tenseco Energy Corporation y Odebrecht are among the companies showing interest.

In case of Perenco, his vice president, Larry Bottomley, stressed the importance of expanding its operations in Guatemala, "so we are open to participate in the bidding," reported Prensalibre.com.

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Guatemala Receiving Bids for Oil Tender

January 2013

The Ministry of Energy and Mines in Guatemala is receiving the fee of $25,000 which enables bidders to take part in the tender for the concession of oil operations in 7 different areas.

According to an article Elperiodico.com.gt, the Ministry of Energy and Mines (MEM) this week opened the tender for the award of contracts for oil operations in seven areas under direct and indirect exploration formats.

Guatemalan Oil Opportunities Presented

August 2012

Representatives from 45 companies attended a presentation about the oil areas that Guatemala will put out to tender.

Representatives from the companies Hupecol, Superior Energy Services, E & P Sucursal Colombia, Trayectoria del Gas, Petro Dorado, Ecopetrol, Pacific Rubiales, Geopetrocol and delegates from Perenco Guatemala and Perenco Colombia, participated in the presentation made by the Ministry of Energy and mines (MEM) held in the Colombian capital.

New Drive on Oil Exploitation in Guatemala

February 2012

The new Minister of Energy and Mines intends to encourage the development of the mining sector in order to reach 50 thousand barrels per day.

Oil production in Guatemala has declined from 25,000 barrels to 10,000 barrels per day, admitted Minister of Energy and Mines, Erick Archer, who aims to promote an ambitious plan to boost oil output and reach 50 thousand barrels per day within 4 to 5 years.

Oil Contract Awarded in Guatemala

October 2011

Without disclosing the name of the company, the Ministry of Energy and Mines has announced that they have awarded a contract for exploration and exploitation of oil in Petén.

The Minister of that department, Alfredo Pokus, noted that they won't reveal the name of the contractor until the company itself has been notified.

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