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

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...