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Subsurface and Licensing in brief

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Welcome to the Subsurface and Licensing in brief. The report provides rolling coverage of events, combined with data, analysis and opinion from our Subsurface experts. We cover industry news spanning prospective and discovered resources, licensing and breakthrough technologies. You can bookmark this report for regular updates.

Table of contents

  • Shell's Merlin-1X:doespersistencepayoff?
  • Offshore Barbados 2026: 19 deep to ultra-deepwater blocks open for bidding
  • East Canada: Call for bids in the Orphan Basin, Flemish Pass and Salar Basin
  • Bangladesh spruces up offshore acreage offering
  • Dual October auctions to anchor Brazil’s 2026 upstream agenda
  • Indonesia offers 13 blocks in 2026’s Round I
  • Eni makes biggest onshore gas discovery in its Western Desert acreage in last 15 years
  • TotalEnergies and EGAS sign MoU to evaluate Herodotus subsurface, ultra-deepwater Egypt
  • QatarEnergy, TotalEnergies and ConocoPhillips sign exploration agreement, offshore Syria
  • Successful appraisal at Ahdab for Zhenhu Oil, Iraq
  • Zhenhua Oil strikes major oil discovery, Iraq
  • Chevron secures Malta licences in potential Libya collaboration
  • 306 more item(s)...

Tables and charts

This report includes the following images and tables:

    Merlin-1X locationBarbados offshore initiative 2026 acreage and current licenced operator acreageAcreage on offer: NL26-CFB01 (Eastern Newfoundland) & NL26-CFB02 (Southeastern Newfoundland)
    2026 bid round acreage offeringIndonesian blocks on offer in the first 2026 bid roundBlocks offered in 2026 Bid Round IWestern Desert discovered resources and average discovery sizeTotalEnergies and EGAS MoU areaBlock 3, offshore Syria*Conventional E&A basin spend: Eastern MediterraneanAhdab field analogues by reservoir propertiesLicensing Rounds 5+ and 6 results
  • 310 more item(s)...

What's included

This report contains:

  • Document

    Subsurface In Brief Archive.pdf

    PDF 7.42 MB

  • Document

    Subsurface and Licensing in brief

    PDF 233.39 MB