STAVANGER-- The Norwegian Government has initiated an opening process for petroleum activities around Jan Mayen in the Arctic Ocean.
The first step is detailed mapping of the area, including an environment impact assessment. Norway’s Ministry of Petroleum and Energy (MPE) is now preparing a proposed study program, which will be submitted for consultation. Based on the input and the draft program, the MPE will determine the final program before undertaking the impact assessment.
The studies, consultation submissions, and other relevant information will form the basis for a white paper that will be submitted to the Storting (Norwegian Parliament). The government will then make a final decision on opening the area.
The first licensing round on the Icelandic shelf was announced this spring, with awards planned for this autumn. The licensing round includes blocks in the Icelandic portion of the Jan Mayen ridge (the Dreki area).
Norwegian Government considers opening Jan Mayen
The Norwegian Government has initiated an opening process for petroleum activities around Jan Mayen in the Arctic Ocean.