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Monday, November 19, 2018

Norway Awards 75 Oil Exploration Licenses

Maritime Activity Reports, Inc.

January 16, 2018

© Marius Dobilas / Adobe Stock

© Marius Dobilas / Adobe Stock

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)
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