When the application deadline for the 21st licensing round on the Norwegian shelf expired on November 3, 37 companies had submitted applications.
Director of Exploration Sissel Eriksen in the Norwegian Petroleum Directorate is very pleased that companies still consider the Norwegian Sea and the Barents Sea to be interesting exploration areas.
"The interest shown by the companies illustrates that new exploration acreage on the Norwegian shelf is still competitive, also in an international perspective," said Eriksen.
The announced area is somewhat larger than in the 20th licensing round.
These 37 companies have applied for production licenses, individually or in groups:
"The work of evaluating the applications starts now. The NPD strives to find the best strategy for exploring areas, and therefore looks for companies with the best knowledge and the best applications," said Eriksen.
Companies that are awarded production licenses must have technical expertise and a sound understanding of geology. Emphasis is also placed on financial strength and experience.
"In the case of group applications, we look at the composition of the group, the recommended operator and joint expertise," Eriksen said.
Companies could apply for production licenses in a total of 94 blocks or parts of blocks. Fishery and environmental conditions are linked to the various blocks. The NPD itself has mapped all of the announced blocks.
The Ministry of Petroleum and Energy plans to award new production licenses in the 21st licensing round in the spring of 2011.
Applications in previous rounds
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