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Upstream licensing in brief

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Welcome to the Upstream licensing in brief where we bring you rapid, responsive opinion and analysis on the key events in upstream licensing. The report provides rolling coverage of events, combined with data, analysis and opinion from our Exploration and Fiscal experts. We cover licence awards, round announcements and key changes to policy affecting licensing. You can bookmark this report for regular updates.

Table of contents

  • Kazakhstan to auction 11 onshore blocks in May
  • Pakistan opens bidding for 71 blocks
  • Malaysia Launches Bid Round with new frontier basins
  • India’s DGH releases giant OALP 10th Bid Round
  • Brunei launches new offshore licensing round
  • Strong interest for Norway’s APA 2024 licensing round
  • Foreign investment dominates Kazakhstan’s November acreage auction
  • PETRONAS ends the year with new block awards
  • Indonesia launches 2nd bid round of 2024
  • Thailand’s bid round: 2024 and beyond
    • Newfoundland & Labrador receives no interest in 2024 lease round
  • Algeria reignites its upstream sector with the first bid round in a decade
  • 102 more item(s)...

Tables and charts

This report includes the following images and tables:

  • May 2025 auction
  • Onshore blocks
  • Offshore blocks
  • Map of Opportunities on Offer for the 2025 Bid Round
  • Map of blocks offered under OALP Bid Round-X
  • Map of two available blocks
  • APA 2024: awarded licences by operator and commitment wells
  • Block auction results, winning bids and work commitments
  • Bestakyr acreage won by Sozak Oil and Gas
  • PM515
  • On offer is 49 bboe in estimated resources (P50 unrisked): 26 bboe liquids and 23 bboe gas.
  • Indonesia 2024 2nd Licensing Round
  • 101 more item(s)...

What's included

This report contains:

  • Document

    Upstream licensing in brief

    PDF 59.10 MB