Norway offering Norwegian Sea blocks for licensing

April 2, 2020
The Norwegian Ministry of Petroleum and Energy plans to include 36 new offshore blocks in the Norwegian Sea under Norway’s Awards in Predefined Areas 2020 license round.

Offshore staff

OSLO, Norway – The Norwegian Ministry of Petroleum and Energy plans to include 36 new offshore blocks in the Norwegian Sea under Norway’s Awards in Predefined Areas (APA) 2020 license round.

Its proposal is currently out for a public consultation.

Minister Tina Bru said: “In these challenging times it is important to plan for the future. Stable access to new acreage for petroleum exploration is key in order to develop our most important industry further, and to maintain the level of activity on the Norwegian shelf.

“Awards in pre-defined areas contribute to the exploration of the well-known parts of the shelf, and they are sought-after by the companies,” she added.

04/02/2020