Global exploration poised for upswing as operators flock to licensing rounds

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OilNOW
OilNOW
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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.

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