Norway awards new licencesNews // July 5, 2013
The Norwegian Ministry of Petroleum and Energy has awarded 24 new production licences following its 22nd licensing round. Of the 24 awards, 20 licences were issued for acreage in the Barents Sea, with just four issued in the Norwegian Sea.
According to broker Seabrokers, 29 companies will participate in the new licences, with the 24 blocks spread between 14 operators: Centrica (1), ConocoPhillips (1), Edison (1), Eni (3), E.ON (2), GDF SUEZ (2), Lundin Petroleum (1), Noreco (2), OMV (2), Repsol (2), RWE-Dea (1), Shell (1), Statoil (3), and Total (2).
The licensing round was first announced in June 2012, and there had been 86 blocks available in the Barents and Norwegian Seas.
Seabrokers noted that, elsewhere in Northwest Europe, the Faroese Trade and Industry Minis-ter awarded six blocks to DONG Energy in its Open Door Licensing Round. The blocks awarded are located in the Faroe-Shetland Basin, west of the producing UK fields Foinaven and Shiehallion.