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Q1 2020 Global Bid Round Outlook - Increase in Deepwater Acreage Offered in Q1 2020

NEW YORK, March 16, 2020 /PRNewswire/ --

Q1 2020 Global Bid Round Outlook - Increase in Deepwater Acreage Offered in Q1 2020 Summary In Q1 2020, 16 licensing rounds are open with seven scheduled to close in the quarter.Africa is hosting the largest volume of licensing rounds in the quarter. Four countries in Africa are hosting one licensing round each.Three countries in Asia are also hosting one round each. The US Lease Sale 254 is offering the largest volume of acreage and will be held in March 2020. Although not all bid-acreage has been disclosed, the largest number of blocks available is located offshore, with the US offering a significant portion of this. Scope - Provides an overview of global bid rounds for 2020 - Information on each bid round due to close in Q1 2020 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

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