Licensing rounds to drop 50% this year: Rystad

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.  

Licensing rounds to drop 50% this year: Rystad Licensing rounds to drop 50% this year: Rystad Licensing rounds to drop 50% this year: Rystad Licensing rounds to drop 50% this year: Rystad Licensing rounds to drop 50% this year: Rystad

Hopes for another remarkable year dashed

 
 
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