15 December 2021
Licensing round December update
The industry's most comprehensive list of current and recent rounds for onshore and offshore licences
Open rounds India’s Directorate General of Hydrocarbons has extended the deadline for submissions to its Discovered Small Fields 3 bid round to 31 January 2022. The round, which contains 32 contract areas both onshore and offshore, opened on 10 June 2021 after some delay. Indonesia’s Ministry of Energy & Mineral Resources announced the opening of its second bidding round for 2021 on 29 November 2021. The round includes four blocks via the direct-offer model and four via regular tender, and will close on 11 January 2022 and 24 March 2022 respectively. The onshore and offshore blocks vary in size from 267km² to 7,970km². The Lebanese Petroleum Administration has announced the closing date
Also in this section
10 December 2025
The economic and environmental cost of the seven-year exploration ban will be felt long after its removal
9 December 2025
The group’s oil production declined in November, our latest analysis finds, amid divided sentiment over market balances and geopolitical jitters
8 December 2025
The Caribbean country’s role in the global oil market is significantly diminished, but disruptions caused by outright conflict would still have implications for US Gulf Coast refineries
5 December 2025
Mistaken assumptions around an oil bull run that never happened are a warning over the talk of a supply glut






