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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
Southeast Asia’s digital age requires the right energy mix
Indonesia and Malaysia are at the dawn of breathtaking digital capabilities. Their energy infrastructure must keep up with their ambitions
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: How critical mineral partnerships are shaping ASEAN’s energy transition
The global race for critical minerals has become a defining feature of energy geopolitics, presenting the ASEAN region with both opportunity and risk
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
Reality bites for Indonesia’s oil ambition
A more pragmatic approach has seen the country reverse its production decline in 2025 but its 1m b/d target still seems out of reach
ADNOC’s Australia avoidance
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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
Australia Indonesia Norway Timor Leste UK
4 April 2022
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Licensing round April update

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

Planned rounds Norway’s Ministry of Petroleum has issued a proposal to open the 2022 Awards in Predefined Areas (APA) round for public consultation. The proposal entails including new acreage in the Barents Sea blocks in the APA area. “Access to new, attractive exploration acreage is a pillar in the government’s policy for further development of the petroleum industry,” says recently appointed petroleum minister Terje Aasland. The ministry aims to conduct APA 2022 in line with the usual schedule, with an application deadline in Q3 2022 and awards in January 2023. No further details are available. The UK will hold an offshore oil and gas licensing round “as soon as practically possible”, acco

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