Licensing round March update
The industry's most comprehensive list of current and recent rounds for onshore and offshore licences
Planned rounds Israel’s Ministry of Energy has announced preparations for the fourth offshore bidding round for oil & gas exploration licences in the country’s exclusive economic zone. Twenty-five blocks have been mapped and will be grouped into six clusters with a maximum area of up to 1,600km² each. No further details are available at this time. Block 72, the only block offered in the country’s third offshore bidding round, has yet to be awarded. Kazakhstan will offer a further 15 onshore blocks at auction on 23 April 2021 in a follow-up to its first ever online auction in December, where seven of ten blocks were successfully awarded. The blocks are located in the Aktyubinsk and Atyrau
Also in this section
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
