Montenegro said on Thursday it received three bids in a public tender to award
concessions for offshore oil and gas exploration and production.
The
public tender was called on August 7. The bidding deadline expired earlier on
Thursday.
Bids were filed by three partnerships - Marathon Oil
Corporation and OMV; Eni S.p.A. and Novatek; and Energean Oil &Gas and
Mediterranean Oil&Gas, the country's economy ministry said in a
statement.
According to the statement, Montenegro plans to wrap up the
selection of a partner by the end of 2014.
The decision on defining
blocks for the award of concession contracts for production of hydrocarbons
includes 13 blocks totaling 3,191 square kilometres in area. Most of the area is
part of the former Ulcinj block.