Oil companies commit to North Sea expansion despite tax risks
David Moseley, vice president for North Sea research at analytics firm Welligence, said: “Interest in the 33rd round was high, considering recent uncertainties, including instability…
Read MoreWhat the North Sea bids will tell investors about the UK’s energy security
David Moseley, vice president for North Sea research at analytics firm Welligence, said the region’s mature status also meant big new discoveries would be unlikely.…
Read MoreWelligence Norway | Norway announces APA 2022 licence offers
The Norway Petroleum Directorate (NPD) announced the offer to award 47 production licences to 25 companies in the Awards in Predefined Area (APA) 2022 Round.…
Read MoreBrazil Licensing | Brazil’s 1st PSC Permanent Round – what appetite remains for high-risk pre-salt exploration?
The 1st PSC Permanent Bid Round held on December 16th by the ANP had mixed results. It attracted some of the industry big guns. …
Read MoreShell/Ecopetrol & TotalEnergies battle it out in Brazil’s latest bid round
The ANP’s 3rd Permanent Bid Round (Concession) was a success, drawing competition from some of the industry big guns, while allowing Brazil’s newly emergent and…
Read MoreBrazil Licensing | Petrobras and Majors bid aggressively in Brazil’s Surplus ToR offering
The results of last Friday’s 2nd Surplus Transfer of Right (“ToR”) Round are a big success for the ANP. Not only were both Atapu and…
Read MoreColombia Licensing | Who took the bait in the ANH’s successful Ronda Colombia 2021?
The preliminary results of Ronda Colombia 2021 are positive. The ANH announced that 30 of the 53 blocks on offer received bids from seven companies.…
Read MoreUS GoM | Licensing ExxonMobil heads up Lease Sale 257 – from emitter to injector?
Has ExxonMobil made a big move for carbon storage sites in US GoM Lease Sale 257? The Major is set to pick up almost 100…
Read MoreBrazil Licensing | Will anyone bid in Brazil’s 2nd Surplus Transfer of Rights Round?
In just over a month, companies will have a chance to pick up world-class pre-salt reserves in Brazil’s 2nd Surplus Transfer of Rights round, set…
Read MoreBrazil’s Atapu and Sepia Surplus ToR opportunities – will the industry bite?
What will industry appetite be for the Atapu and Sepia Surplus ToR opportunities? The assets have been made available again following the absence of bids…
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