Energy Intelligence
Bid Round Monitor: June 2025 Update
Bid Round Monitor: June 2025 Update
Mon, Jun 9, 2025
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Numerous host countries are tapping into a new exploration cycle before energy transition pressures resume, despite macroeconomic uncertainty and softer oil prices. In this 20+-page report, Energy Intelligence outlines the new bid rounds now taking place and planned for the near term. In North Africa, both Libya and Algeria launched new bid rounds for the first time in more than a decade, while West African producers Angola and Nigeria seek investors through improved terms and new acreage offerings. Other African and Asian players also hope to attract investors through forthcoming rounds, and industry stalwarts – US, Brazil and Norway – are expanding licensing areas.
Key components of the report:
- Summary map and table of global upstream bid rounds
- In focus: USGOM, Libya, Brazil
- Competitive positioning from recently closed rounds and government awards
- Competitive positioning for currently open and announced rounds
- Appendix: bid rounds details
