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
15 May 2025
Financial problems, lack of exploration success and political dogma cause uncertainty across much of the region
14 May 2025
The invisible hand of the market has seen increasing transparency but much more needs to be done to build a better understanding
13 May 2025
A fall in Venezuelan output drives overall production lower, as Saudi Arabia starts to slowly bring more crude to the market
12 May 2025
With the gas industry’s staunchest advocates and opponents taking brutal blows, the sector looks like treading a path of insipid indifference