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Optimism despite setbacks in NL offshore
The province’s government remains positive about the future of its offshore industry despite recent difficulties
Global offshore market is on the upswing
Contractors set for multi-year recovery amid continually improving economics and efficiencies
Gabon’s production set for further expansion
But significant discoveries are likely needed to prevent output from sliding again later this decade
Indonesia greenlights more projects
Jakarta is seeking to accelerate upstream developments and encourage more foreign investment
Harbour plans Indonesian FID for end-2023
The UK firm is expanding its Indonesian upstream presence
NL offshore has potential for new heights
Commercial oil discoveries off Newfoundland and Labrador could see three or four new fields coming online in the next ten years
Uruguay aims to benefit from frontier fever
South American nation emerges as potentially promising new upstream province
UK onshore shows further signs of life
Producers continue to be upbeat on a previously neglected sector, despite unconsummated M&A
Wintershall sheds oil in NCS divestment
Deal with Norwegian independent focuses on putting appropriate assets in appropriate hands
Sierra Leone launches new offshore initiative
The West African nation taps two-year-old UK firm in an attempt to spur interest in its undeveloped upstream
Onshore Offshore
Kevin Fuller
28 April 2020
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Licensing rounds update

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

Planned rounds Australia’s Department of Industry, Science, Energy & Resources has announced the 2020 Offshore Petroleum Acreage Release will proceed as planned with some key adjustments, including an increased consultation period on nominated areas and an alternative to the public launch event later this year. No further details have been announced. Canada’s Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) has issued a Call for Nominations (Areas of Interest) for the NL20 Eastern Newfoundland licensing round. The closing date for this is November 2021, followed by a call for bids, which will run from either March or April 2022 to November 2022. Colombia’s Agencia Nacional de

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