The Ministry of Petroleum and Energy has received applications from 18 qualified companies for the 18th Licensing Round on the Norwegian Continental Shelf. This is a substantial increase from the 13 companies that applied in the 17th Licensing Round. The companies have applied as individual companies and as parts of groups.
The following qualified companies have submitted applications: Amerada Hess, BG, ChevronTexaco, DNO, DONG, ENI, ExxonMobil, Gas de France, Idemitsu, Marathon, Norsk Hydro, Paladin, Pertra, Revus, RWE-DEA, Shell, Statoil and Total.
In the awarding of production licenses importance will be attached to secure a balance between the interests of the environment, the fisheries, the fish farming industry and the petroleum activities. The Ministry aims to award new production licenses in the 18th Licensing Round in the second quarter of 2004.
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