Friday, September 22, 2017

Norway's Latest Offshore Licensing Round Attracts 39 Bids

Posted by September 6, 2017

A total of 39 oil companies asked for exploration acreage offshore Norway in the so-called predefined areas (APA) licensing round by the Sept. 1 deadline, the country's energy minister told TV2 News on Wednesday.
 
When announcing the round in May, the government expanded the pre-defined areas near existing discoveries by a total of 87 blocks in the Norwegian and the Barents Seas.
 

It plans to announce license awards in early 2018.

 

Reporting by Nerijus Adomaitis 

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