IT’s not just sanctioning but also licensing rounds due to fall to COVID-19 with some 50% expected to be cancelled this year, according to new research from Rystad Energy, which thinks new licensed offshore acreage will fall by 60% and onshore by 30% over 2019.
Hopes for another remarkable year dashed
Energy News is making some of its most important coverage of the COVID-19 pandemic freely available to readers. For more coverage, please see our COVID-19 hub. 2020 had been shaping up to...
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