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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24 December 2025
As activity in the US Gulf has stagnated at a lower level, the government is taking steps to encourage fresh exploration and bolster field development work
23 December 2025
The new government has brought stability and security to the country, with the door now open to international investment
23 December 2025
A third wave of LNG supply is coming, and with it a likely oversupply of the fuel by 2028
22 December 2025
Weakening climate resolve in the developed world and rapidly growing demand in developing countries means peak oil is still a long way away
