Energy and Mines signs a contract to carry out oil explorations in the DR

The Ministry of Energy and Mines (MEM) signed a contract to carry out a geochemical study in terrestrial sedimentary basins and places with natural emanationss of the Dominican Republic, with the purpose of carrying out oil explorations in order to attract investments in the country in terms of hydrocarbons.

The contract was signed by Antonio Almonte, Minister of Energy and Mines, and Andrea Guglielmetti, Regional Manager for America of Geolog Surface Logging DMCC, the winning company of the tender carried out for these purposes.

The international public bidding process to carry out this geochemical study began on October 14 and concluded successfully on November 29. Details of the bidding process can be found on the MEM transparency portal.

In this study, a geochemical campaign will be carried out to collect samples of rocks and fluids with hydrocarbons in terrestrial sedimentary basins, they will be characterized in the laboratory and later experts in the area of ​​hydrocarbon exploration will carry out their interpretation.

After the tender, the Tender Committee for hydrocarbon activities awarded the geochemical study to Geolog Surface Logging DMCC, for an amount of US$498,500 with taxes included.

On behalf of the Vice Minister of Hydrocarbons, Walkiria Caamaño, were Joan Fernández, director of Exploration, Import and Use of Hydrocarbons, and Nisael Dirocié, director of Exploration and Production of Hydrocarbons, who explained that “the realization of this study comes to support the efforts made by the country to increase the geological knowledge of our sedimentary basins, thus reducing the uncertainty perceived by hydrocarbon exploration companies and, at the same time, supporting future competitive processes for assigning areas for the exploration and production of oil and gas in the country ”.

“The idea with this contract is to carry out a geochemical study in the sedimentary basins of the country. In it, a geochemical campaign will be carried out in which a study of samples will be carried out, then these samples will be taken to a laboratory to carry out characterizations and these characterizations will give us an idea of ​​how the geology of these basins is composed”, explained the engineer. dirocié

These hydrocarbon exploration activities, he said, will support the efforts that the Dominican Republic is making to increase the technical knowledge of our sedimentary basins.

The members of the Tender Committee for hydrocarbon activities were present: Freddy Lara, adviser and who chairs it; Matilde Balcácer, legal director; Tirso Peña, Financial Director; Joan Fernández, director of Regulation, Import and Use of Hydrocarbons, and Luís Torres, in charge of Hydrocarbons.

Also present were the experts Jesús Rodríguez, from the National Geological Service, Jacqueline Peña, notary; and the experts from the Legal Department of the MEM, Yanimeh Mora and Juan Luis Villanueva.

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