01 August 2019

Opportunities for exploration in the Cuban sector in the Gulf of Mexico

  • CUPET is calling Oil Companies interested in carrying out exploration and exploitation of hydrocarbon activities in the Economic Exclusive Zone (EEZ) of the Cuban sector in the Gulf of Mexico to present offers for one or more blocks, under Production Sharing Agreements (PSA).

    The deadline for inquiries and clarification is January 31st, 2020.

    The details on the bidding process, the fiscal terms and the prospectivity analysis can be found in the following documents.


Download First License Round Introduction 2019 (2.8 MB) Download Fiscal Terms Summary 2019 (156.6 KB) Download Prospectivity Analysis (6.3 MB)


04 November 2019

The international situation, the future of downstream, energy transitions, sustainable management and digital transformation will be some of the topics of the Conference ARPEL 2020 in Peru

ARPEL (Regional Association of Oil, Gas and Biofuels Sector Companies in Latin America and the Caribbean) will hold the sixth edition of its Oil and Gas Conference, the main regional discussion forum for energy sector ...
28 October 2019

New ARPEL report about actions taken to foster the 10 Principles of Global Compact

ARPEL fosters the improvement of socio-environmental performance and sustainability standards and practices, through cooperation and innovation among its member companies. In 2006, ARPEL endorsed the 10 Principles of the Global Compact, and submitted its first ...