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Eni and BP score big in Egypt
A major new discovery by Eni and BP that can likely be fast-tracked to production is welcome news for Egypt as it scrambles to plug a widening supply gap and deal with rising import risks
US continues gas infrastructure buildout
The US has used booming shale production to massively expand its LNG infrastructure, but Canadian developments have not fare so well while in South America consumption outstrips production
Eni scales up in Kutei
The latest gas discovery adds momentum to Eni’s push in Indonesia’s Kutei Basin, as it presses ahead with its fast-track development model aided by collaboration with Petronas
Canada’s oil and gas looks East
There is a clear push to bolster exports to Asia amid uncertainty around its North American neighbour, but there are limits to the benefits from the energy crisis
Dow restarts construction on its Path2Zero project
The company plans for phase-one startup in late 2029 as it seeks to maximise value from chemicals project following nine-month hiatus
India taking pole position on oil demand growth
The country’s rapidly expanding economy is boosting its consumption of oil as demand for the fuel slows elsewhere in the world
Letter from Asia: The nuanced India-Russia oil picture
The South Asian consumer’s next move could tighten the Middle East oil market overnight
Touchstone advances Central strategy
Canadian independent’s evolving portfolio in Trinidad and Tobago gives it access to the Atlantic LNG market and a close-up view of developments in neighbouring Venezuela
HPI Market Data Book 2026: Global construction – Americas
Capex is concentrated in gas processing and LNG in the US, while in Canada the reverse is true
Canadian producers positioned to ride out the downcycle
The country’s upstream players have demonstrated resilience to low oil prices and are well positioned to prosper despite a volatile market
Canada Egypt India Indonesia Malaysia Norway Trinidad and Tobago
2 February 2022
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Licensing round February update

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

Planned rounds Malaysia’s 2022 licensing round opened on 27 January and will close on a date yet to be decided. No further details are available. Open rounds India’s Directorate General of Hydrocarbons (DGH) has again extended the deadline for submissions to its Discovered Small Fields 3 bid round to 15 March 2022. The round, which contains 32 contract areas across both onshore and offshore, opened on 10 June 2021. Meanwhile, India’s seventh licensing round in its Open Acreage Licensing Programme opened on 16 December 2021 with a closing date of 15 February 2022. The DGH is offering eight blocks spread over six sedimentary basins in five states covering 15,766km². Five of the blocks are onsh

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