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Nigeria bullish about oil recovery
Efforts to restructure and boost investment appear to be working, but doubts remain about the plan to almost double crude production by 2030
New Zealand backs gas, but results take time
Government is sending out the right policy signals to support increased domestic gas development, but policy takes time to implement and even longer to yield results
Energy NL upbeat on Newfoundland despite industry doubts
CEO argues the upstream potential remains huge as analysts question future oil production for Canadian province’s offshore industry
Canada’s energy superpower ambition
The new government is talking and thinking big, and there are credible reasons to believe it is more than just grandstanding
Gabon eyes future post-Bongo
Sovereignty is the watchword for the new government, but there are still upstream opportunities for those willing to work closely with the state
Power play signals change in Nigeria
With a new board appointed to lead NNPC and moves by President Tinubu to exert control in the Delta region, there is renewed hope the country will be able to turn the corner and rebuild production to former peaks
Africa’s new producers struggle for financing
IOCs and Western lenders are reluctant to commit to new oil and gas projects in African frontier countries
Dangote must face energy security home truths
Nigeria’s mega-refinery is traversing the world in search of crude for the majority of its needs and may well export large swathes of its products
Asia’s potential upstream powerhouse
Petronas-Eni eyes joint venture to prioritise key gas developments, with huge opportunities for growth in Indonesia and a steady Malaysia portfolio
Canada revisits big pipeline question
Investor certainty key to diversifying country’s oil and gas exports amid fresh talk of improving infrastructure to boost energy security
Angola Nigeria Canada Somalia Lebanon Gabon Malaysia Croatia New Zealand Sierra Leone
PE Staff
2 June 2020
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Global announcements and developments June

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

Planned rounds Angola’s National Agency of Oil, Gas and Biofuels has announced the onshore Congo and Kwanza Basins will open for bidding this year. The data package for the blocks to be offered is available but, due to constraints from the Covid-19 pandemic, no timeline was announced. Canada’s minister of energy & mines and its minister of natural resources jointly postponed Nova Scotia Offshore Petroleum Board’s (C-NSOPB’s) call for bids for the NS20-1 licensing round. No further details were available. Nigeria has given approval for the 2020 Marginal Field Bid Round. The Department of Petroleum Resources is offering 52 fields previously held by the majors, along with an additional four

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