UK’s offshore oil and gas round attracts 115 bids
UK The country’s 33rd edition of its oil and gas bids opened on October 7, 2022, with 931 concessions on offer in the UK’s North Sea.
The round consisted of the four following priority areas with known hydrocarbons deposits on the Southern North Sea: the Greater Pegasus, Greater West Sole Area, Greater Cygnus Area and the Cotton Area.
The round closed on January 12, 2023.
Licences are expected to be awarded beginning in Q2 2023.
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