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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19 March 2026
The regional crisis highlights the undervalued role of fixed pipelines in the age of tanker flexibility
18 March 2026
Rising LNG exports and AI-driven power demand have raised concerns that US gas prices could climb sharply, but analysts say abundant shale supply and continued productivity gains should keep Henry Hub within a range that preserves the competitiveness of US LNG
18 March 2026
Risks of shortages in oil products may cause world leaders to panic and make mistakes instead of letting the market do what it does best
17 March 2026
The crisis in the Middle East has put LNG’s ability to offer security and flexibility under uncomfortable scrutiny
