Finance & Investing
News Services
Newsletters
Get free industry updates via email.
Daily News
Weekly News
Equipment Updates
Weekly Job Register
Monthly Event Guide
Our privacy
pledge.


advertisement

Norway Licensing Round Sees Greatest Interest in Barents Sea

change text size

The Norwegian Petroleum Directorate says it has received applications from a total of 36 companies in the country's 22nd licensing round, with the greatest interest being shown in the Barents Sea.

The NPD announced late on Wednesday that by the time the application deadline for the 22nd licensing round expired on Tuesday it had received applications from 36 companies for 86 blocks and parts of blocks, of which 14 were in the Norwegian Sea and 72 in the Barents Sea.

"It is no great surprise that several companies [have applied] for production licences in the Barents Sea," NPD Exploration Director Sissel Eriksen commented in a statement from the organization.

"After Statoil found oil and gas on 'Skrugard' (7220/8-1) last year, the interest in exploring the Barents Sea has risen sharply. The confidence in new opportunities and discovery expectations has increased. Several exploration wells are already planned in the Barents Sea. This round will help maintain the level of activity in the southern part of the Barents Sea, as well as clarify the resource potential."

Majors who applied for production licenses include: BP, Centrica, ConocoPhillips, ENI, OMV, Repsol, Statoil and Total.

In October, Eni Norge and its partner Lundin (which has also applied for license blocks in the latest round) made a gas condensate discovery of up to 41 million barrels of oil equivalent at the Salina prospect in the Barents Sea.

 

 



A former engineer, Jon is an award-winning editor who has covered the technology, engineering and energy sectors since the mid-1990s. Email Jon at jmainwaring@rigzone.com

WHAT DO YOU THINK?

Post a Comment Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
 Company: BP plcmore info


 - NWS JV to Develop $1B Persephone Project Off Northwest Australia (Nov 27)
 - Azeri BP-Operated Oil, Gas Output In Jan-Sept Near 2013 Level (Nov 20)
 - Egypt Awards BP Two New Exploration Blocks (Nov 10)
 Company: Statoilmore info


 - Odjfell Revenues, Profits Decline during 3Q (Nov 26)
 - Statoil To Keep Up Exploration Spending Despite Falling Oil Prices (Nov 19)
 - Statoil Changes Staff Pension Scheme (Nov 18)
 Company: Total S.A.more info
 - Prosecutor: Total Faces French Trial over Iran Contracts (Nov 25)
 - Official: Indonesia Favors Pertamina to Operate Mahakam Block After 2017 (Nov 21)
 - Exxon Mobil in Final Talks with Ivory Coast Over Two Oil Blocks (Nov 21)
 Company: ConocoPhillipsmore info


 - Exxon Mobil in Final Talks with Ivory Coast Over Two Oil Blocks (Nov 21)
 - DeSanctis: Embracing Diversity to Overcome Energy Challenges (Nov 14)
 - First Gas Flows from Kebabangan Field Offshore Sabah, Malaysia (Nov 13)
 Company: ENImore info


 - Ghana Gives Eni Green Light for $6B Offshore Gas Project (Nov 24)
 - Exxon Mobil in Final Talks with Ivory Coast Over Two Oil Blocks (Nov 21)
 - Eni Expands its Presence in Turkmenistan (Nov 18)
 Company: OMVmore info
 - Central European Oil Firms See 3Q Profit Boost (Nov 6)
 - OMV Posts Higher 3Q Output Helped by Libya, Norway (Oct 20)
 - OMV CEO Roiss To Go In Mid-2015 In Management Revamp (Oct 14)
 Company: Repsol more info
 - Oil Ship Sails for Petrobras, BG, Repsol Offshore Brazil Field (Sep 25)
 - Fighting Close to Libyan Oilfield, Refinery as Rival 'Oil Minister' Appears (Sep 22)
 - Statoil Farms into Repsol Licenses, Offshore Colombia (Sep 5)
 Company: Lundin Petroleum ABmore info


 - Lundin Spuds Kitabu-1 Exploration Well in Block SB307/308 Offshore Sabah (Oct 27)
 - Lundin Abandons Gobi-1 Exploration Well in Natuna Sea as a Dry Hole (Oct 27)
 - Drilling Underway at Gobi-1 Well in West Natuna Basin's Gurita PSC (Oct 17)
 Company: Centrica PLCmore info
 - Centrica Continues Boardroom Reshuffle with New British Gas Head (Oct 31)
 - Serica Energy Completes Farm Out of Doyle Gas Prospect (Aug 5)
 - Centrica 1H Profits Fall 35% On Weather Woes (Jul 31)

More from this Author
Jon Mainwaring
European Editor | Rigzone.com
 -  North Sea Industry Calls for Tax Refor... (Nov 25)
 -  Gaza Marine Development Could Help Del... (Nov 23)
 -  Israel Must Improve 'Erratic and Uncle... (Nov 20)
 -  Proven Technologies Will be Key to Isr... (Nov 18)
 -  North Sea Independents Report Solid Pr... (Nov 13)
Most Popular Articles
From the Career Center
Jobs that may interest you
#12348- SR Contracts Negotiator
Expertise: Contracts Engineer
Location: Houston, TX
 
Contracts Manager / Upstream Projects / Consultancy
Expertise: Contracts Engineer
Location: Houston, TX
 
Project Manager / Upstream Projects / Consultancy / Contract
Expertise: Field Development, Project Management
Location: Houston, TX
 
search for more jobs