Norway launches Awards in Predefined Areas in the North Sea, Norwegian Sea and Barents Sea

Source: Norway Ministry of Petroleum and Energy

The Ministry of Petroleum and Energy announced Awards in Predefined Areas 2011. The Areas comprise the predefined areas with blocks in the North Sea, the Norwegian Sea and the Barents Sea

The predefined areas are extended with more blocks and parts of blocks since APA 2010. The new areas are in the North Sea and the Norwegian Sea 

With this announcement prospective blocks for exploration activities in mature areas of the Norwegian Continental Shelf (NCS) are being made available to the industry. Awards of new production licenses are planned to take place late 2011 / early 2012. 

“Through a large expansion of the area announced in this year’s APA round, I wish to lay the foundation for a swift and efficient exploration of the ocean areas outside Nordland. Our aim is increased exploration activity and rapid development of discoveries in the area,” said Minister of Petroleum and Energy Ola Borten Moe. 

In the Awards in Predefined Areas (APA) 2011 the predefined area has been expanded with in total 62 blocks or parts of blocks when compared to the APA 2010. Fifty-six new blocks or parts of blocks are made available in the Norwegian Sea and 6 in the North Sea. 

“With an efficient and tailor-made progress for the north-eastern part of the Norwegian Sea, the areas near Jan Mayen, and the unopened parts of the southern Barents Sea, the government has put forward a long-term program to ensure a stable level of activity on the Norwegian Continental Shelf over time,” Borten Moe said. 

The deadline for submission of applications is September 14, 2011. 

The APA-round is held once a year in mature areas while numbered rounds has been held every second year. The purpose of both rounds is to ensure a stable level of activity and production on the Norwegian shelf.

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