Open-Door Offering
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FAQ

The Open-Door Offering will remain open for 2 years, starting 24 November 2025.

  • Evaluation of proposal and publication of acreage of interest by Staatsolie within 20 days.
  • Opportunity to submit competing proposals within 90 days.
  • Evaluation and selection by Staatsolie within 20 days.
  • Finalization of agreements: for a PSC within 90 days, and for a JSA within 30 days.

Companies may submit their proposals as part of a consortium, provided that each consortium designates an Operator holding at least a 30% participating interest, and no individual company holds less than 10% interest. All consortium interests must total 100%.

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