3 May 2022
Licensing round May update
The industry's most comprehensive list of current and recent rounds for onshore and offshore licences
Planned rounds The UK will hold its upcoming offshore oil and gas licensing round this autumn, according to regulator the North Sea Transition Authority, formerly known as the Oil and Gas Authority. This will be the first UK licensing round to take into account the country’s forthcoming climate compatibility checkpoint for new oil and gas developments. No further details are available. Open India’s Directorate General of Hydrocarbons has again extended the deadline for bids in its Discovered Small Fields 3 round, this time to 31 May 2022. The round, which contains 32 contract areas across both onshore and offshore, opened on 10 June 2021. Mozambique’s National Petroleum Institute has announc

Also in this section
11 February 2025
Improving compliance among the group and wider group is offset by production increases in outliers Libya, Venezuela and Iran
10 February 2025
The country wants to kickstart its upstream but first needs to persuade investors to foot the bill
10 February 2025
The February 2025 issue of Petroleum Economist is out now!
7 February 2025
The history of tin production and prices offers a preview of the future oil market. If correct, $35/bl could become the new normal for crude for several years without further OPEC+ intervention