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Norway to offer more acreage for Arctic oil exploration - Mr Freiberg

Gasoil News - Published on Tue, 19 Mar 2019

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Reuters citing, Oil and Energy Minister Mr Kjell-Boerge Freiberg, saying that the Norwegian government plans to expand the offshore oil and gas acreage offered to oil companies under its annual licensing round in so-called predefined areas (APA).

Mr Freiberg said that the 2019 APA round will expand the area on offer by 90 blocks, of which 48 are in the Arctic Barents Sea, 37 are in the Norwegian Sea and 5 in the North Sea.

Source :

Posted By : Rabi Wangkhem on Tue, 19 Mar 2019
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