Global Platform For Oil And Gas Licensing

The Oil & Gas International Licensing 2015 Summit on 20-21 January 2015 in London will be a global platform for those involved in oil and gas licensing, E&P, legalities, and procurement, to obtain a comprehensive understanding of how to effectively produce a licensing round and allocation system; to explore ways to adapt to demands and challenges around licensing procedures; gauge how to manage a licensing campaign, and meet international personalities from NOCs and Ministries that are responsible for establishing licensing rounds to gain exclusive insights.

Licensing forms the foundation of the oil and gas industry. Licensing rounds allow companies and joint ventures across the world to search for commercially feasible deposits for extracting petroleum. The procedures through which each sovereign country distributes licenses can vary greatly from country to country; the biggest variant of which is whether the country offers a bid system or a grant system.