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    Operators "bullish on Barents" says Seabrokers

    News // December 20, 2012

    Broker Seabrokers reports that a total of 36 companies submitted applications for the 86 blocks on offer in Norway’s 22nd licensing round.

    The Norwegian Petroleum Directorate noted that the 72 blocks in the Barents Sea attracted the most interest, with recent discoveries at Skrugard and Havis increasing enthusiasm among operators for Arctic exploration.

    The remaining 14 blocks are lo-cated in the Norwegian Sea. The Ministry of Petroleum and Energy is aiming to award new production licences from this licensing round before the summer of 2013.

    The bidders included: Atlantic Petroleum AS, AS Norske Shell, Bay-erngas Norge AS, BG Norge AS, BP Norge AS, Centrica Resources Norge AS, Concedo ASA, ConocoPhillips Skandinavia AS, Dana Petro-leum Norway AS, Det norske oljeselskap ASA, Dong E&P Norge AS, E.ON E&P Norge AS, Edison International SpA, Eni Norge AS, Faroe Petroleum Norge AS, GDF SUEZ E&P Norge AS, Maersk Oil Norway AS, Moeco Oil & Gas Norge AS, North Energy ASA, OMV Norge AS, PGNiG Norway AS, Repsol Exploration Norge AS, Rocksource ASA, RN Nordic Oil AS, RWE Dea Norge AS, Skagen44 AS, Spring Energy Nor-way AS, Statoil Petroleum AS, Suncor Energy Norge AS, Total E&P Nor-ge AS, Tullow Oil, Valiant Petroleum and Wintershall Norge ASA.

    Seabrokers said that elsewhere, the National Energy Authority of Iceland has finished processing two applications for exploration and production licences for the Dreki Area off the north-east coast of Iceland. Norway’s Ministry of Pe-troleum and Energy will participate in the licences up to a share of 25 per cent

    One licence was granted to Faroe Petroleum in partnership with Petoro and Iceland Petroleum, and the other was awarded to Valiant Petroleum in partnership with Icelandic company Kolvetni.

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