Licensing round March update
The industry's most comprehensive list of current and recent rounds for onshore and offshore licences
Open rounds Gambia’s Ministry of Petroleum & Energy has launched its 2022 licensing round for offshore block A1. The block was initially granted to BP in 2019, following the 2018 licensing round, but was relinquished in August 2021 when the major exited after performing the minimum required work obligations and paying $29.3mn not to drill an exploration well. “The government wishes to seize this opportunity to thank BP for their strong collaboration during the past two years and their excellent technical work on the block. We are excited to open our doors again to the international oil community and look forward to working with a new partner in block A1,” says Fafa Sanyang, minister of p
Also in this section
19 March 2026
The regional crisis highlights the undervalued role of fixed pipelines in the age of tanker flexibility
18 March 2026
Rising LNG exports and AI-driven power demand have raised concerns that US gas prices could climb sharply, but analysts say abundant shale supply and continued productivity gains should keep Henry Hub within a range that preserves the competitiveness of US LNG
18 March 2026
Risks of shortages in oil products may cause world leaders to panic and make mistakes instead of letting the market do what it does best
17 March 2026
The crisis in the Middle East has put LNG’s ability to offer security and flexibility under uncomfortable scrutiny
