Welligence Venezuela | OFAC orders Chevron to wind down operations in Venezuela
It’s official, Chevron has been ordered to cease activities in Venezuela. The Office of Foreign Assets Control (OFAC) issued General License (GL) 41A on 4th…
Read MoreWelligence Licensing | Libya announces first bid round in 17 years – what is on offer?
On 3 March 2025, Libya’s NOC announced a new Libya Bid Round at a launch event in Tripoli. NOC plans to present this during roadshows…
Read MoreWelligence Norway Licensing | Licence awards return to five-year average in APA 2024
On 14 January 2025, the Norwegian Offshore Directorate (NOD) announced the award of 53 production licences to 20 companies as part of the APA (Awards…
Read MoreWelligence US Alaska Licensing | Alaska’s second ANWR Coastal Plain Lease Sale fails to attract bids
The Department of the Interior announced that the Bureau of Land Management (BLM) received no bids for the congressionally mandated Alaskan oil and gas lease…
Read MoreWelligence US Alaska Licensing | Positive results in latest Alaska bid round, and a potential surprise
On December 11, the Alaska Department of Natural Resources (DNR) announced the results of its 2024 Northern Alaska bid round. The sale generated over US$10…
Read MoreWelligence US Alaska Licensing | Northern Alaska DNR lease sale begins: what’s on offer and who’s interested?
The Alaska Department of Natural Resources (DNR) has initiated its competitive oil and gas lease sale for the Beaufort Sea, North Slope, and North Slope…
Read MoreWelligence Canada Licensing | Canada’s latest offshore bid round is a dud – the beginning of the end?
On 6th November, the regulator of Labrador and Newfoundland (C-NLOPB) announced that no bids were placed in its 2024 bid round. The round offered 41…
Read MoreWelligence Canada Licensing | Is there appetite for Canada’s latest offshore bid round?
The latest bid round for acreage offshore Canada is set to close on 6th November. Launched by the provincial oil & gas regulator, Canada-Newfoundland & Labrador…
Read MoreIraq & Kurdistan | A tale of two halves: Federal Iraq’s pursuit of stability amidst Kurdistan’s export dilemma
Following years of political turbulence and economically unattractive fiscal terms, Iraq has experienced a resurgence of interest in recent years. Thanks to revamped terms under…
Read MoreUK Licensing | 33rd Round T3 awards led by small companies
On 3 May 2024, the NSTA announced the provisional awards in the third tranche of the 33rd Offshore Licensing Round. A total of 31 licences…
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