Global Oil and Gas Bid Round Outlook, H2 2021 – Licensing Rounds in 2021 Remain Low Due to the Impact of COVID-19, Although Expectations have Grown for the Coming Years

GlobalData’s latest report, “H2 2021 Global Bid Round Outlook – Licensing Rounds in 2021 Remain Low Due to the Impact of COVID-19, Although Expectations have Grown for the Coming Years” indicates that in H2 2021, 16 licensing rounds are expected to close by the end of the year.

Asia is hosting the largest number of licensing rounds in H2 2021 with six, followed by South America with three.

Among the closing soon bid rounds (rounds that are scheduled to close before August 15, 2021), the Petronas Licensing Round 2021 (MBR 2021), being hosted by Malaysia offers the largest volume of acreage of 96,849 sq.km set to close in H2 2021. It is followed by International Bid Round 2021, In Malaysia with an acreage of 66,908 sq.km. Hydrocarbon Exploration & Licensing Policy (HELP) – OALP Bid Round-VI in India, and 2021 Direct Proposal Tender Phase I in Indonesia follow with an acreage of 22,205 sq.km and 14,302 sq.km.

The COVID-19 pandemic has had a significant impact on the licensing activity in 2020, with many rounds being cancelled or extended. Similarly, licensing rounds in 2021 have greatly affected, with the number of rounds remaining very low. However, the boosted hydrocarbon demand due to the stabilization of the pandemic and the expansion of various COVID-19 vaccination programs across the world have increased the expectations for a renewed licensing interest over the following years.

Scope

Provides an overview of global bid rounds for 2021

Information on each bid round due to close in H2 2021 by region and country

Upcoming open bid rounds by region and country

Information on recent exploration and licensing history of countries of bid rounds wherever available

State take comparison with regional peers

Reasons to buy

Obtain the most up to date information available on global bid rounds

Gain insight on bid rounds and blocks on offer by country and region

Keep abreast of licensing history in countries where bid rounds are open or due to close

Facilitate decision making on the basis of strong data on global bid rounds

Table of Contents

| Table of Contents

1. Global Bid Round Summary 4

1.1. Global Reported Bid Round Activity 8

1.2. Open Bid Rounds 9

1.3. Upcoming Bid Rounds 9

2. H2 2021 Bid Round Overview 10

2.1. Rounds Closing in H2 2021 10

3. Africa 13

3.1. H2 2021 Closing Bid Rounds 13

3.2. H2 2021 Open Bid Rounds 16

3.3. Upcoming Bid Rounds 19

4. Asia 22

4.1. H2 2021 Closing Bid Rounds 22

4.2. H2 2021 Open Bid Rounds 28

4.3. Upcoming Bid Rounds 36

5. Caribbean 38

5.1. Upcoming Licensing Rounds 38

6. Europe 39

6.1. H2 2021 Open Bid Rounds 39

6.2. Upcoming Bid Rounds 42

7. Former Soviet Union 43

7.1. H2 2021 Open Bid Rounds 43

8. Middle East 45

8.1. Upcoming Bid Rounds 45

9. North America 46

9.1. H2 2021 Open Bid Rounds 46

9.2. Upcoming Bid Rounds 52

10. Oceania 53

10.1. H2 2021 Open Bid Rounds 53

10.2. Upcoming Bid Rounds 57

11. South America 58

11.1. H2 2021 Open Bid Rounds 58

11.2. Upcoming Bid Rounds 65

12. Appendix 67

12.1. Methodology 67

| Contact Us 68

List of Tables

Table 1: Global Open and Upcoming Bid Rounds by Region and Bid Due Date (or Planned Open Date if Upcoming) 9

Table 2: H2 2021 Closing Bid Rounds Overview 15

Table 3: Africa, Closing Bid Rounds, Arranged by Bid Due Date 18

Table 4: International Bid Round 2021, Overview 18

Table 5: Africa, Open Bid Rounds 21

Table 6: Somali Offshore Licensing Round 2020 Overview 21

Table 7: Africa, Upcoming Bid Rounds 24

Table 8: Asia, Closing Bid Rounds, Arranged by Bid Due Date 27

Table 9: Hydrocarbon Exploration & Licensing Policy (HELP) – OALP Bid Round-VI – Closing July 2021 Bidding Round Overview 27

Table 10: Petronas Licensing Round 2021 (MBR 2021) Overview 29

Table 11: 2021 Direct Proposal Tender Phase I– Closing July 2021 Bidding Round Overview 30

Table 12: Asia, Open Bid Rounds 33

Table 13: Second Licensing Round 2019/2020 Overview 34

Table 14: Discovered Small Fields (DSF) 2021 Bid Round-III Overview 36

Table 15: 2021 Regular Tender Phase I Overview 38

Table 16: Asia, Upcoming Bid Rounds 41

Table 17: Caribbean, Upcoming Bid Rounds 43

Table 18: Europe, Open Bid Rounds 44

Table 19: APA 2021 Round Overview 44

Table 20: Europe, Upcoming Bid Rounds 47

Table 21: Former Soviet Union, Open Bid Rounds 48

Table 22: 2021 Subsoil Auctions Overview 48

Table 23: Middle East, Upcoming Bid Rounds 50

Table 24: North America, Open Bid Rounds 51

Table 25: Bid Sale NS21-1 Overview 51

Table 26: NL16-CFB03 Overview 54

Table 27: North America, Upcoming Bid Rounds 57

Table 28: Oceania, Open Bid Rounds 58

Table 29: 2021 Northern Territory Petroleum Acreage Release 58

Table 30: 2021 Offshore Acreage Release Round 59

Table 31: Oceania, Upcoming Bid Rounds 62

Table 32: South America, Open Bid Rounds, Arranged By Bid Due Date 63

Table 33: 17th Bidding Round – Closing September 2021Overview 63

Table 34: Transfer of Rights Surplus Production Sharing Bidding Round – 2021– Closing December 2021 Overview 65

Table 35: Bidding Round 2021 Overview 68

Table 36: South America, Upcoming Bid Rounds 70

List of Figures

Figure 1: Countries hosting or planning to host licensing rounds (2021-2025) (Shown in red) 13

Figure 2: Countries hosting bid rounds that are open in H2 2021 (Shown in red) 14

Figure 3: Countries potentially hosting upcoming bid rounds (Shown in red) 14

Figure 4: Countries hosting bid rounds closing in H2 2021 (Shown in red) 15

Figure 5: H2 2021 Closing Bid Rounds: Blocks on Offer by Bid Round and Terrain 16

Figure 6: H2 2021 Closing Bid Rounds: Blocks on Offer by Terrain and Country 16

Figure 7: H2 2021 Closing Bid Rounds: State Take Comparison of Countries 17

Figure 8: Egypt, Map of International Bid Round 2021 19

Figure 9: Egypt, State Take Comparison – Regional Peers 20

Figure 10: Egypt, Recent Bid Round Results* 20

Figure 11: Somalia, Map of Somali Offshore Licensing Round 2020 22

Figure 12: Somalia, State Take Comparison – Regional Peers 23

Figure 13: Somalia, Recent Bid Round Results 23

Figure 14: India, State Take Comparison – Regional Peers 28

Figure 15: India, Recent Bid Round Results 28

Figure 16: Malaysia, Map of Petronas Licensing Round 2021 (MBR 2021) 29

Figure 17: Malaysia, State Take Comparison – Regional Peers 30

Figure 18: Indonesia, Map of Direct Proposal Tender Phase I 31

Figure 19: Indonesia, State Take Comparison – Regional Peers 32

Figure 20: Indonesia, Recent Bid Round Results 32

Figure 21: Timor-Leste, Map of Second Licensing Round 2019/2020 34

Figure 22: Timor-Leste, State Take Comparison – Regional Peers 35

Figure 23: Timor-Leste, Recent Bid Round Results 35

Figure 24: India, Map of Discovered Small Fields (DSF) 2021 Bid Round-III 36

Figure 25: India, State Take Comparison – Regional Peers 37

Figure 26: India, Recent Bid Round Results 38

Figure 27: Indonesia, Map of 2021 Regular Tender Phase I 39

Figure 28: Indonesia, State Take Comparison – Regional Peers 40

Figure 29: Indonesia, Recent Bid Round Results 40

Figure 30: Norway, Map of APA 2021 45

Figure 31: Norway, State Take Comparison – Regional Peers 46

Figure 32: Norway, Recent Bid Round Results 46

Figure 33: Russia, State Take Comparison – Regional Peers 49

Figure 34: Russia, Recent Bid Round Results 49

Figure 35: Canada, Map of NS21-1 52

Figure 36: Canada, State Take Comparison – Regional Peers 53

Figure 37: Canada, Recent Bid Round Results* 54

Figure 38: Canada, Map of NL16-CFB03 55

Figure 39: Canada, State Take Comparison – Regional Peers 56

Figure 40: Canada, Recent Bid Round Results* 56

Figure 41: Australia, Map of 2021 Northern Territory Petroleum Acreage Release 59

Figure 42: Australia, Map of 2021 Offshore Acreage Release Round 60

Figure 43: Australia, State Take Comparison – Regional Peers 61

Figure 44: Australia, Recent Bid Round Results* 61

Figure 45: Brazil, Map of 17th Bidding Round 64

Figure 46: Brazil, State Take Comparison – Regional Peers 65

Figure 47: Brazil, Map of Transfer of Rights Surplus Production Sharing Bidding Round – 2021 66

Figure 48: Brazil, State Take Comparison – Regional Peers 67

Figure 49: Brazil, Recent Bid Round Results 67

Figure 50: Colombia, Map of Bidding Round 2021 68

Figure 51: Colombia, State Take Comparison – Regional Peers 69

Figure 52: Colombia, Recent Bid Round Results 69

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