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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The worst possible future for the country’s oil producers goes underexplored in scenario planning
21 December 2021
Production from the Heron field could peak at 9,000bl/d and feed both exports and the domestic market
16 December 2021
The JV assumes the role of Rumaila’s main contractor as a new production target is set
16 December 2021
Supply is gradually returning, but the market will remain tight into next year