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Guyana-Suriname-Brazil – how do the fiscals compare?

Some of the highest profile bid rounds globally will be held in Latin America in H1 2023. Brazil, Guyana and Suriname are offering acreage across…

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Guyana in talks with Qatar, UK, UAE and India on oil blocks

“It’s unclear if the government-to-government negotiations are related to the already announced 14 exploration blocks or if they are talking about different areas,” said Andre…

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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…

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What 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.…

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Welligence 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.…

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Brazil 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.  …

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Shell/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…

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Brazil 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…

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Colombia 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.…

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US 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…

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