Q2 2016 Global Bid Round Outlook - Gabon to Hold Postponed Deepwater Round


A total of three bid rounds in Australia and Gabon are due to close in Q2 2016. Australia plans to close two bid rounds - 2015 Offshore Round 2 and 2015 Offshore Round 1 Re-release - in the quarter. Of the two rounds, 2015 Offshore Round 2 offers the highest acreage (45,710km2) and has the highest number of blocks on offer (11). Gabon is also offering five blocks under its 11th Licensing Round, which has been postponed from the previous quarter as the country is planning to change its fiscal terms.


  • Provides overview of the global bid rounds due to close in Q2 2016
  • Major developments related to bid rounds in Q1 2016
  • Information on each bid round due to close in Q2 2016 by country
  • Recent exploration and licensing history of countries where bids are due to close in the quarter
  • Overview of bid rounds due in Q3 2016

Reasons To Buy

  • Obtain the most up to date information available on global bid rounds due to close in Q2 2016
  • Gain insight on bid rounds and blocks on offer by country
  • Keep abreast of recent developments on global bid rounds
  • Facilitate decision making on the basis of strong data on global bid rounds