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69 Licence Offered to 28 Companies in Norwegian Shelf

Gasoil News - Published on Mon, 20 Jan 2020

Image Source: Norwegian Shelf APA
28 companies have been offered ownership interests in a total of 69 production licences on the Norwegian Shelf in the Awards in Predefined Areas 2019. The authorities assessed applications from a total of 33 companies through autumn 2019. Of the 69 production licences, 13 are in the Barents Sea, 23 are in the Norwegian Sea and 33 are in the North Sea. 18 of the production licences are additional acreage to existing production licences or agreement-based areas. NPD head of exploration Torgeir Stordal said “The 2019 awards with new licences from the southern North Sea to the Barents Sea demonstrate the companies’ continued interest in the Norwegian Continental Shelf. Production licences are being offered both in the Barents Sea and the Norwegian Sea which will require new seismic data and use of new technology to evaluate the resource potential. It will be exciting to watch how this develops in the coming years.”

The 2019 awards have been offered to a broad spectrum of players, with a good mix of small and medium-sized companies, as well as major international players.

Offer of licenses to 28 licensees
(Number of licenses /operatorships)
Aker BP (15/9)
AS Norske Shell (5/2)
Capricorn (3/3)
Chrysaor (8/3)
Concedo (4/0)
ConocoPhillips (5/3)
DNO (10/2)
Edison (2/1)
Equinor (23/14)
Idemitsu (2/0)
INEOS (2/1)
Lime (2/0)
Lotos (2/0)
Lundin (12/7)
Neptune (13/4)
OKEA (5/2)
OMV (4/1)
ONE-Dyas (3/0)
Pandion (3/0)
PGNiG (3/0)
Repsol (1/0)
Source (3/0)
Spirit (6/1)
Suncor (5/2)
Total (2/1)
Vår Energi (17/7)
Wellesley (7/3)
Wintershall Dea (9/3)

Source :

Posted By : Yogender Pancholi on Mon, 20 Jan 2020
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