Licensing rounds announcements and developments
The industry's most comprehensive list of current and recent rounds for onshore and offshore licenses
Planned rounds Israel is set to launch a third offshore licensing round. No date has been set but it is expected to take place in 2021. The second offshore round ended on 28 October 2019, awarding eight licenses zones A and C and four licenses in zone D but no blocks in zone B. The Liberia Petroleum Regulatory Authority (LPRA) announced an offshore licensing round that will run between 10 April and 1 October. Nine Harper basin blocks will be offered, with NOC Nocal, the LPRA and offshore seismic data firm TGS supporting the process. South Sudan has delayed the start of its first ever oil and gas bidding round due to the coronavirus. It planned to offer 14 blocks in a process starting during
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21 February 2025
While large-scale planned LNG schemes in sub-Saharan Africa have faced fresh problems, FLNG projects are stepping into that space
20 February 2025
Greater social mobility means increased global demand for refined fuels and petrochemical products, with Asia leading the way in the expansion of refining capacity
19 February 2025
The EU would do well to ease its gas storage requirements to avoid heavy purchase costs this summer, with the targets having created market distortion while giving sellers a significant advantage over buyers
18 February 2025
Deliveries to China decline by around 1m b/d from move to curb crude exports to Shandong port, putting Iran under further economic pressure
