Lebanon to close delayed 1st offshore round as Indonesia tests new regime

GlobalData’s latest report, 'Q3 2017 Global Bid Round Outlook – Lebanon to Close Delayed 1st Offshore Round as Indonesia Tests New Regime', shows that globally, 13 bid rounds are due to close in the third quarter of 2017 – four rounds in Indonesia, two bid rounds in Mexico, one round each in the US, Norway, New Zealand, Argentina, Lebanon, China and Brazil. These include:

• Round 2 – Onshore Exploration (R02-L02 / 2016), Mexico
• Round 2 – Onshore Exploration (R02-L03 / 2016), Mexico
• Lease Sale 249, US
• APA 2017, Norway
• 2017 Block Offer, New Zealand
• 2017 Unconventional Direct Proposal Tender Round, Indonesia
• Licensing Round 5 – Province of Neuquen, Argentina
• 1st Offshore Licensing Round, Lebanon
• 2017 Open Blocks, China
• 2017 Conventional Direct Proposal Tender Round, Indonesia
• 2017 Unconventional Regular Tender Round, Indonesia
• 2017 Conventional Regular Tender Round, Indonesia
• 14th Bidding Round, Brazil

Image: Blocks on Offer by Bid Round and Terrain. Courtesy: GlobalData

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