Norway awards offshore production licenses

The Norwegian Ministry of Petroleum and Energy has decided to award 20 production licenses in the Barents Sea and four in the Norwegian Sea in its 22nd licensing round (OGJ Online, May 1, 2012).

Twenty-nine companies will receive offers for participating interests. Fourteen companies will be offered operatorships.

Two of the licenses are extensions to existing production licenses.

All but one of the awarded licenses are north of the Arctic Circle. The licenses have varying work obligations.

The ministry offered three operatorships to Statoil Petroleum AS and Eni Norge AS; two each to Det norske oljeselskap ASA, E.ON E&P Norge AS, GDF Suez E&P Norge AS, OMV (Norge) AS, Repsol Exploration Norge AS, and Total E&P Norge AS; and one each to AS Norske Shell, Centrica Resources (Norge) AS, ConocoPhillips Skandinavia AS, Edison International Norway Branch, Lundin Norway AS, and RWE Dea Norge AS.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...