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Brazil 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…

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Brazil’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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Brazil Licensing | Round 17 belongs to Shell – what did the company see that others missed?

Brazil’s Round 17 was underwhelming. Only five blocks (out of 92) were awarded, no competitive bidding took place, and only two companies (Shell and Ecopetrol)…

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Big guns win out in the 2020/2021 Suriname Bid Round

A pairing of TotalEnergies/Qatar Petroleum, and Chevron have been announced as the winners in the Suriname Shallow Offshore (SHO) Bid Round 2020/2021.   ACCESS PDF

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Will Suriname’s shallow-water round live up to the hype?

Suriname’s ongoing bid round offers companies the chance to build exposure to the Guyana Basin, the world’s number one exploration play. Interest in the basin…

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Brazil’s successful 2nd Permanent Bid Round demonstrates growing interest in its dynamic onshore space

Local incumbents dominated the results of last week’s 2nd Permanent Bid Round. A total of 17 exploration blocks and a single marginal accumulation were awarded,…

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Shell leads the way at US Gulf of Mexico Lease Sale 256

Interest remained unsurprisingly subdued in the latest US Gulf of Mexico lease sale as the market downturn continues to impact the industry. The Bureau of…

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Colombia’s Permanent Licensing Round – phase two results

On 26 November 2019, Phase Two of Colombia’s Permanent Licensing Round (PLR) closed. It was highlighted by limited co… DOWNLOAD PDF

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A post-mortem of Brazil’s PSC rounds

As the fallout from the disappointment of last week’s bid rounds continues, there is much talk of a reform. Although … DOWNLOAD PDF

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Major disappointment in Brazil’s Surplus Round

Brazil’s Surplus Transfer of Rights round (6th November 2019), the biggest resource opportunity of the year globally, … DOWNLOAD PDF

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