Licensing Rounds
Statoil drops leases in the US Arctic
18 November 2015
Norway’s state-controlled oil producer has followed Shell out of the high-cost, high-risk Arctic, but downplays the extent of the costs it has incurred there
Gabon launches new oil bidding round
28 October 2015
Gabon officially launched a 2016 offshore bid round, offering five deep fields targeting a reversal on production slowdown, the country’s petroleum and hydrocarbons minister said
Brazil’s 13th licensing round flops after 14% of blocks sold
15 October 2015
Brazilian oil industry suffered the worst result in a decade, with only 37 of 266 blocks awarded
DEA expands with $1.6bn Norway deal
15 October 2015
Hamburg-based DEA, said on 14 October it will pay $1.6bn to German utility E.ON for its Norwegian upstream business
PTTEP interested in BG’s Thailand assets
7 September 2015
Thailand’s state-backed PTT Exploration & Production has reportedly expressed an interest in UK BG’s Thai assets.
Mexico oil auctions stumble out of the block
18 August 2015
Mexico’s oil reformers were poised in July to celebrate a successful outcome. But the first licensing round open to foreign investors since the 1930s drew a virtual blank
UK to offer 27 onshore blocks in 2015
18 August 2015
The country will start onshore shale oil and gas exploration as they plan to award 27 blocks from the 14th Onshore Oil and Gas Licensing Round this year
Majors show early interest in Mozambique’s 5th round
11 August 2015
ExxonMobil, Total, and Statoil are among the companies that submitted bids to explore for new exploration blocks in Mozambique
Angola calls for onshore licence bids
28 July 2015
In its first licensing round since 2011, the nation is calling for bids on 10 blocks by 18 September
Uganda launches long-awaited bid round
26 June 2015
Uganda is finally launching its bid round, ending an eight-year freeze on the licensing of new acreage in its energy sector
High interest in offshore but low commitments in UK round
25 November 2014
134 licences were awarded, and a further 94 are subject to environmental assessment
Majors join race for Croatia blocks in Adriatic Sea
4 November 2014
Croatia received six bids in a tender for licences to explore promising new area's in the country's sector of the Adriatic Sea, the Ministry of Economy said
Managing risk key to unlocking Mexico's energy riches
17 October 2014
Foreign investors are eager to enter the country's newly liberalised energy sector - but they should be wary of red tape, holes in the supply chain for unconventional extraction and short-term shortages in skilled staff
Ineos buys into second Scottish shale licence
16 October 2014
The licence is in Scotland's Midland Valley, but the company has yet to start drilling
Investment strong despite fall in Russian licensing activity
30 May 2014
Prospective areas with existing infrastructure and strong reserves profiles remained the most attractive upstream acreage for investors in recent years. Analysis by Alexander Chesnokov, Mikhail Gerasimchuk and Denis Afanasyev, of Deloitte
Denmark offers blocks as initiative targets recovery
28 May 2014
Oil output has declined by 40% , but the new initiative aims to turn that around
Myanmar hands out 20 offshore exploration blocks
14 May 2014
Previously off limits, Myanmar is entering a new era as it opens up the keenly sought after area of Asia
Free choice for UK’s 28th licensing round
5 February 2014
The UK has opened almost all of the unlicensed offshore blocks in order to attract interest
Myanmar offshore bidding round draws attention
4 December 2013
Companies are bidding for rights in the lightly explored area
Brazil’s bid rounds: different opportunities, different investors
24 September 2013
Many were quick to judge, but the country's rounds brought new opportunities to the table
Majors step up asset sales in Nigeria after disruptions
15 August 2013
Operations have been disrupted for years due to deliberate damage to facilities and theft of crude
20 licences awarded in Norway's big push north
19 June 2013
The round offered licences in the Barents Sea with all but one of the areas in the Arctic circle
Investors flock to Brazil in licensing round
20 May 2013
A successful licensing round has given Brazil’s oil industry a much-needed boost of confidence and sets the stage for a new oil rush
Bids in for Bangladesh round
1 May 2013
The latest news on bids, offers and awards from Deloitte's Petroleum Services Group
Large Mozambique gas stake on offer
6 March 2013
Bids were invited in March for a substantial interest in one of the world's largest undeveloped gas areas
China's ambitions waver after shale round disappoints
29 January 2013
China is far from realising its ambitious shale-gas production targets following a lacklustre licensing round