Global exploration poised for upswing as operators flock to licensing rounds

Must Read

OilNOW
OilNOW
OilNOW is an online-based Information and Resource Centre

The past year showed a significant increase in licensing activity with a large number of lease rounds announced and the number of awarded licensing rounds rising for the third year in a row. The Mediterranean region was the hotspot, followed by South America and Africa in terms of licensing activity, Rystad Energy said in a January 17 report.

- ADVERTISEMENT -
spot_img

Partnered Events

Latest News

Saipem secures US$720 million offshore contracts, including a major Guyana project

Italian engineering firm Saipem has been granted a Limited Notice to Proceed (LNTP) from ExxonMobil Guyana Limited for subsea...

More Articles Like This