Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search
Related Articles
The UK’s problematic power price
Expensive electricity has forced out swathes of energy-intensive industry and now threatens the country’s ability to attract future investment in datacentres and the digital economy
Outlook 2006: The North Sea’s next chapter – From backbone to blueprint
The next five years will be critical for the North Sea, and it will be policy not geology that will decide the basin’s future
Outlook 2026: Building balance – A dual-track strategy in a changing energy landscape
As global energy systems evolve to meet shifting demand and transition pressures, maintaining reliable hydrocarbon supply remains essential to energy security
A tale of two regulatory landscapes: the UK and Norway
The stark contrasts between the UK and Norway demonstrate how policy stability can shape the long-term trajectory of a mature basin
Equinor: Keeping offshore
The Norwegian NOC has used its offshore oil and gas prowess to expand into offshore wind, but project setbacks and lower returns are a concern for investors
ADNOC’s Australia avoidance
The Middle East NOC’s decision to exit Santos signals changing rules for Australian gas investors
Bleak times for UK North Sea
Government consultations on the windfall tax and the exploration licence ban are positive steps, but it is unclear how long it will take for them to yield tangible outcomes
Sverdrup keeps on giving
Equinor and its partners at Norway’s largest oilfield have pulled the trigger on a fresh $1.3b investment that will maintain high output for longer
Australia gas security faces fitness test
Reassessment of the country’s export-facing gas policy coincides with worsening domestic market backdrop
The death knell for UK energy security
The end of Grangemouth and Lindsey oil refineries marks a worrying trend across Europe amid cost and transition pressures
Australia Faroe Islands Norway UK
PE Staff
26 October 2020
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Licensing round October update

The industry's most comprehensive list of current and recent rounds for onshore and offshore licences

Open rounds Australia’s Department of Industry, Science, Energy & Resources opened the 2020 Offshore Petroleum Acreage Release at an online event on 26 August. Keith Pitt, minister for resources, water & Northern Australia, announced a total of 42 areas available for offshore oil and gas exploration: 28 off Western Australia, five off the Northern Territory, three off Victoria and six off the Ashmore & Cartier Islands. The total area covers approximately 100,000km² across five basins. In his address, Pitt confirmed a more conservative approach: “This year’s acreage release is dominated by areas in established oil and gas areas with existing infrastructure.” The bidding will be op

Also in this section
OPEC+ caught between a crisis and a surplus
21 April 2026
After overcoming a COVID-induced demand collapse with several years of successful market management, geopolitical events have conspired to provide the pact’s biggest test to date
Letter from Iran: Nuclear miscalculation
Opinion
21 April 2026
The regime’s policy of using nuclear ambiguity as a deterrent may have failed but it has realised it has other cards to play, while its neighbours are reappraising their approach to security
Algihaz: Bridging conventional energy and the renewable transition
21 April 2026
As the global energy system undergoes a fundamental realignment, Algihaz Holdings has established itself as a critical player bridging conventional energy markets and the next generation of renewable infrastructure.
Powering collaboration: Exploring the Synergy Pavilion at the 25th WPC Energy Congress
21 April 2026
The 25th WPC Energy Congress is taking place from 11-15 October 2026 at the Riyadh Front Exhibition & Conference Center.

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search