Calendar An icon of a desk calendar. Cancel An icon of a circle with a diagonal line across. Caret An icon of a block arrow pointing to the right. Email An icon of a paper envelope. Facebook An icon of the Facebook "f" mark. Google An icon of the Google "G" mark. Linked In An icon of the Linked In "in" mark. Logout An icon representing logout. Profile An icon that resembles human head and shoulders. Telephone An icon of a traditional telephone receiver. Tick An icon of a tick mark. Is Public An icon of a human eye and eyelashes. Is Not Public An icon of a human eye and eyelashes with a diagonal line through it. Pause Icon A two-lined pause icon for stopping interactions. Quote Mark A opening quote mark. Quote Mark A closing quote mark. Arrow An icon of an arrow. Folder An icon of a paper folder. Breaking An icon of an exclamation mark on a circular background. Camera An icon of a digital camera. Caret An icon of a caret arrow. Clock An icon of a clock face. Close An icon of the an X shape. Close Icon An icon used to represent where to interact to collapse or dismiss a component Comment An icon of a speech bubble. Comments An icon of a speech bubble, denoting user comments. Ellipsis An icon of 3 horizontal dots. Envelope An icon of a paper envelope. Facebook An icon of a facebook f logo. Camera An icon of a digital camera. Home An icon of a house. Instagram An icon of the Instagram logo. LinkedIn An icon of the LinkedIn logo. Magnifying Glass An icon of a magnifying glass. Search Icon A magnifying glass icon that is used to represent the function of searching. Menu An icon of 3 horizontal lines. Hamburger Menu Icon An icon used to represent a collapsed menu. Next An icon of an arrow pointing to the right. Notice An explanation mark centred inside a circle. Previous An icon of an arrow pointing to the left. Rating An icon of a star. Tag An icon of a tag. Twitter An icon of the Twitter logo. Video Camera An icon of a video camera shape. Speech Bubble Icon A icon displaying a speech bubble WhatsApp An icon of the WhatsApp logo. Information An icon of an information logo. Plus A mathematical 'plus' symbol. Duration An icon indicating Time. Success Tick An icon of a green tick. Success Tick Timeout An icon of a greyed out success tick. Loading Spinner An icon of a loading spinner.



Change to North Sea licensing regime ‘long overdue’

News that the UK government is pondering a North Sea exploration ban has been met with howls of protest – mostly from those who’ve talked a good energy transition but haven’t done very much about it. But re-focusing the sector via progressive change to the licensing regime isn’t “virtue signaling”, as one industry insider put it. It’s downright essential - and long overdue.

Oil & Gas

Mexico should add greater transparency to its offshore bidding process

The Mexican Government should add further transparency to the process of its offshore bidding rounds as they approach the deepwater phase, according to new analysis. Consulting firm GlobalData said the step should be taken after the government received higher than expected bids in the most recent round. Earlier this year Mexico opened its energy market up to investors for the first time in more than 70 years.

Oil & Gas

Egdon Resources offered new blocks in licensing round

Egdon Resources has been offered a total of seven blocks or part blocks in the first tranche of the 14th onshore oil and gas licensing round. More than two dozen new areas in northern England and the Midlands could face fracking after new licences were awarded for oil and gas exploration. Egdon said the blocks up for grabs were in the East Midlands petroleum province and could expand the company’s acreage and opportunity base within one of its core areas of activity.

Oil & Gas

IGas offered licences in latest onshore round

IGas said it has been offered six new licences in the first group of licences awarded in the UK’s 14th onshore oil and gas licensing round. The company said the licences are located in the Gainsborough Trough in the East Midnlands and include exploration prospects for both shale gas and conventional oil and gas. IGas already operate 80 sites in the area with many having been in production for more than 20 years.

Oil & Gas

Brazil sees $870 million in exploration spending from auction

Oil companies are expected to invest about 2.8 billion reais ($870 million) to complete minimum exploration work at concessions Brazil plans to auction in October, according to the country’s oil regulator. Signing bonuses for the offshore and onshore blocks should reach 979 million reais, Marcelo Castilho, the bidding superintendent at Brazil’s oil regulator, known as ANP, said Thursday at a seminar in Rio de Janeiro.


Pemex to miss first round of Mexico oil tender

Mexican state-owned energy giant Pemex will not be participating in round one of the country’s historic energy opening. The move was revealed by Mexican energy minister Pedro Joaquin Coldwell. The initial tenders are part of an opening which is aimed at helping to bring more private investment into the country’s oil and gas sector.

Oil & Gas

Mozambique delays fifth oil and gas bid round

Mozambique's fifth oil and gas bid round has been delayed from its April 30th deadline. The government did say why the deadline had been extended to a later date of July 30th. There are 15 exploration blocks on offer, including three new areas of the northern Rovuma Basin.


Rockhopper awarded stake in Croatian block

Rockhopper Exploration has been awarded a 40% share in an offshore block in Croatia in a partnership deal with Eni. Block 9 is located in shallow waters of the Northern Adriatic gas province and contains the previously discovered Ksenija accumulation along with the Klaudija prospect. The company said the anticipated work programme consists of seismic acquisition, processing and re-processing during the first exploration phase, with the drilling of a well in the second exploration phase.