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Global announcements and developments July

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

Planned rounds

Romania’s 11th licensing round is scheduled to open in Q3 2020, but no further details are available at this time.

Trinidad & Tobago’s Ministry of Energy & Energy Industries has extended the deadline for the submission of nominations for the 2020 deepwater competitive bid round until 11 August. The round is now unlikely to open until Q4. No further details are available at this time.

Open rounds

Bosnia & Herzegovina’s energy ministry has extended the deadline to submit licensing round applications for its first oil and gas licensing round to Q4, with the date yet to be announced.

The Canada-Newfoundland & Labrador Offshore Petroleum Board (C-NLOPB) announced the 2020 Call for Bids on 11 June for exploration licences in 17 parcels in Eastern Newfoundland. Bidding closes on 4 November.

Colombia’s Agencia Nacional de Hidrocarburos (ANH), opened its Permanent Process of Area Allocation (PPAA)  third round for 2020 on 1 July. Bidding closes on 30 October. Before the opening date, five expressions of interest were received from two companies.

Cuba’s NOC Cupet extended the deadline to submit licensing round applications for its first offshore licensing round, which opened on 3 June 2019, to 28 February 2021. The offering consists of 24 blocks off Cuba’s northwest coastline, in the Gulf of Mexico.

The State Agency of Oil & Gas for Georgia announced the postponement of the closing date for Offshore Block III until 22 December. Meanwhile, a bid for Offshore Block II was submitted by the original closing date of 22 June, and is pending award.

A single exploration block is being offered by Israel’s Ministry of Energy in its third offshore bid round, announced on 23 June. Block 72, which comprises the former Alon D licence area, is approximately 257km² and is located in the northern part of the Israeli economic exclusion zone (EEZ), bordering the Lebanese claim. Bidding closes on 23 September.

Nigeria opened its 2020 marginal field bid round on 1 June. The Department of Petroleum Resources (DPR) made 57 fields available, five more than previously expected. No further details are available.

Norway’s Ministry of Petroleum & Energy announced the opening of its Awards in Predefined Areas (APA) 2020 on 19 June. “New discoveries are a pre-requisite for long-term employment, value creation and government revenues,” says minister for petroleum and energy Tina Bru. The closing date for bids is 22 September.

Uruguay’s NOC Ancap announced the award of Block OFF-1 to exploration company Bahamas Petroleum on 29 May as part of its Open Uruguay Round.

Pending awards

The fifth licensing round in India’s open acreage licensing programme finally closed on 30 June pending awards, having previously been pushed back from 18 March. The Directorate General of Hydrocarbons (DGH) announced that all 11 blocks on offer received bids, although only one block received multiple bids.

Conditionally awarded

Oman’s 2019 licensing round closed on 30 May 2019, with only two of the six blocks available receiving bids. Block 58 was awarded to Swedish E&P company Tethys Oil, though no official announcement was made by the Ministry. The four remaining blocks (73-76) have been reopened for investors.

The above licensing round updates all occurred before 3 July.

Petroleum Economist regularly updates an interactive licensing round map on its website—searchable alphabetically or by clicking on countries—at www.petroleum-economist.com/licensing-rounds. You can also sign up for future Licensing Rounds: Status Update newsletters.

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