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Q3 2016 Global Bid Round Outlook - Cyprus’ 3rd Round Bidding Marks First of the Quarter

  • Q3 Global Bid Round Outlook
    • Key Highlights
    • Overview of Global Bid Rounds Closing in Q3 2016
      • Table Figure 1: Blocks on Offer by Bid Round and Terrain
      • Table Q3 Bid Round Overview
    • Recent Bid Round Developments
      • 9 Jun 2016: Mexico To Start Next Oil And Gas Bidding Round By End Of June 2016
      • 8 Jun 2016: The Government Of The Republic Of Croatia Approved Signing Of 6 Onshore Production Sharing Agreements
      • 6 Jun 2016: Equatorial Guinea launches oil and gas licensing round
      • 6 Jun 2016: India Begins Roadshow To Offer 67 Discovered Small Oil And Gas Fields
      • 3 Jun 2016: Government Of Ireland: 2015 Atlantic Margin Oil And Gas Exploration Licensing Round - Phase 2 Awards
      • 26 May 2016: Cyprus To Complete Third Offshore Natural Gas Licensing Round In Early 2017
      • 18 May 2016: Norway Announces 23rd Licensing Round Awards
      • 14 May 2016: Kenya To Conduct Licensing Round For 17 New Oil Exploration Blocks In 2017
      • 6 Apr 2016: Danish 7th Round Licenses Awarded: Nordsofonden Will Invest About 200 Million DKK In Exploration Programs First Phase
      • 4 Apr 2016: Shell Withdraws Application From Norway's Arctic-Focused Oil Licensing Round
    • Q3 Bid Round Overview - Cyprus
      • Table Cyprus - 3rd Licensing Round Overview
      • Table Figure 2: Cyprus - State Take Comparison - Regional Peers
    • Recent Licensing and Exploration History - Cyprus
      • Table Figure 3: Cyprus - Recent Bid Round Results
      • Table Figure 4: Cyprus - Blocks Held by Company
      • Table Cyprus - Recent Discovery Wells
    • Q3 Bid Round Overview - US
      • Table US - Lease Sale 248 Overview
      • Table Figure 5: US - State Take Comparison - Regional Peers
    • Recent Licensing and Exploration History - US
      • Table Figure 6: US - Recent Bid Round Results
      • Table Figure 7: US - Blocks Held by Company
      • Table US - Recent Discovery Wells
    • Q3 Bid Round Overview - Egypt
      • Table Egypt - Egyptian General Petroleum Corporation International Round 2016 Overview
      • Table Figure 8: Egypt - State Take Comparison - Regional Peers
    • Recent Licensing and Exploration History - Egypt
      • Table Figure 9: Egypt - Recent Bid Round Results
      • Table Figure 10: Egypt - Blocks Held by Company
      • Table Egypt - Recent Discovery Wells
    • Q3 Bid Round Overview - Indonesia
      • Table Indonesia - 2016 Direct Proposal Tender Round Overview
      • Table Figure 11: Indonesia - State Take Comparison - Regional Peers
    • Recent Licensing and Exploration History - Indonesia
      • Table Figure 12: Indonesia - Recent Bid Round Results
      • Table Figure 13: Indonesia - Blocks Held by Company
      • Table Indonesia - Recent Discovery Wells
    • Q3 Bid Round Overview - Norway
      • Table Norway - APA 2016 Overview
      • Table Figure 14: Norway - State Take Comparison - Regional Peers
    • Recent Licensing and Exploration History - Norway
      • Table Figure 15: Norway - Recent Bid Round Results
      • Table Figure 16: Norway - Blocks Held by Company
      • Table Norway - Recent Discovery Wells
    • Q3 Bid Round Overview - New Zealand
      • Table New Zealand - 2016 Block Offer Overview
      • Table Figure 17: New Zealand - State Take Comparison - Regional Peers
    • Recent Licensing and Exploration History - New Zealand
      • Table Figure 18: New Zealand - Recent Bid Round Results
      • Table Figure 19: New Zealand - Blocks Held by Company
      • Table New Zealand - Recent Discovery Wells
    • Q3 Bid Round Overview - Congo Republic
      • Table Congo Republic - License Round 2016 Overview
      • Table Figure 20: Congo Republic - State Take Comparison - Regional Peers
    • Recent Licensing and Exploration History - Congo Republic
      • Table Figure 21: Congo Republic - Blocks Held by Company
      • Table Congo Republic, Recent Discovery Wells
    • Upcoming Bid Rounds in Q4 2016
      • Table Upcoming Bid Rounds in Q4 2016
  • Appendix
    • Abbreviations
    • Methodology
      • Coverage
      • Secondary Research
    • Contact Us
    • Disclaimer

Q3 2016 Global Bid Round Outlook - Cyprus’ 3rd Round Bidding Marks First of the Quarter

Summary

Globally six bid rounds are due to close in Q3 2016, apart from Cyprus’ third round, which had already closed on July 22. Six bids were received for three blocks that are on offer in the Cyprus’ third round. Lease Sale 248 in the US offers the highest number of blocks among the bid rounds due to close in the quarter. Norway’s bid round, the APA 2016, offers the second highest number of blocks. Egyptian General Petroleum Corporation is due to close its 2016 round in the quarter, which for the first time offers a PSA that adjusts the profit split according to price as well as production, similar to the framework already offered by other major NOCs in Egypt - GANOPE and EGAS.

Scope

  • Provides overview of global bid rounds due to close or closed in Q3 2016
  • Major developments related to bid rounds in Q2 2016
  • Information on each bid round due to close in Q3 2016 by country
  • Recent exploration and licensing history of countries where bids are due to close in the quarter
  • Overview of bid rounds due in Q4 2016
Reasons to buy
  • Obtain the most up to date information available on global bid rounds due to close in Q3 2016
  • Gain insight on bid rounds and blocks on offer by country
  • Keep abreast of recent developments on global bid rounds
  • Facilitate decision making on the basis of strong data on global bid rounds


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