Norway Awards 75 Oil Exploration Licenses
Norway's energy ministry has awarded 75 offshore exploration blocks to oil companies in a so-called predefined areas (APA) licensing round, handing out acreage to 34 firms, of which 19 got at least one operatorship, it said on Tuesday.
A total of 39 firms had applied for the offered acreage, up from 33 companies that applied in the previous round a year ago, when the ministry awarded 56 exploration licenses.
(Reporting by Nerijus Adomaitis and Joachim Dagenborg, editing by Terje Solsvik)
(Reporting by Nerijus Adomaitis and Joachim Dagenborg, editing by Terje Solsvik)