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


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


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

 - ASCO Bags Supply Base Deal for BP's Exploration Program Off South Australia (Feb 24)
 - BP Loses Bid to Cut Maximum $13.7B Gulf Spill Fine (Feb 20)
 - BP Says 2014 Oil Output At Azeri Projects Slightly Down, Gas Up (Feb 19)
 Company: Statoilmore info

 - Statoil Awards Mariner Supply Contracts to Asco UK (Feb 26)
 - Odfjell Wins Drilling Engineering Contract for Johan Sverdrup (Feb 25)
 - North Sea's Valemon Platform Successfully Hooked Up (Feb 24)
 Company: Total S.A.more info
 - IEA's Birol Says Middle East Militancy Poses 'Major Challenge' For Oil (Feb 17)
 - Total CEO Says Cheap Oil Will Prevent US Energy Independence (Feb 13)
 - Total Takes $6.5B Impairment, Cuts Costs To Counter Weak Oil (Feb 12)
 Company: ConocoPhillipsmore info

 - Conoco, Occidental And Shell Cut 2015 Budgets On Crude Slide (Jan 29)
 - Chevron Teams Up with BP, ConocoPhillips in GOM Leases (Jan 28)
 - Centrica's Cohen Appointed Head of UK Onshore Oil, Gas College (Jan 19)
 Company: ENImore info

 - Eni Reassures on Dividend, Gears Up for Investment Cuts (Feb 18)
 - Sevan Marine's Unit KANFA Bags $50M EPC Deal for FPSO Yinson Production (Feb 17)
 - Eni Production In Libya Continues With Limited Expat Staff (Feb 17)
 Company: OMVmore info
 - OMV's Profits Buoyed by Downstream Business (Feb 19)
 - OMV Drops 2016 Output Goal, Takes 4Q Charge (Jan 29)
 - Top Tips: Applying for Your First Graduate Job in European Oil, Gas (Jan 22)
 Company: Repsol more info
 - Repsol Defies Oil, Gas Sector Gloom with Upbeat Results (Feb 26)
 - Talisman Energy Shareholders Approve Repsol's $8.3B Offer (Feb 18)
 - Repsol Agrees $8.3B Takeover Offer for Talisman (Dec 16)
 Company: Lundin Petroleum ABmore info

 - Lundin Farms Out Gemini Prospect Offshore Norway (Feb 24)
 - Lundin Makes Minor Gas Find in North Sea (Feb 12)
 - Faroe, Lundin, Cairn Score Norway License Wins (Jan 21)
 Company: Centrica PLCmore info
 - New Centrica Head Cuts Dividend after Energy Prices Fall (Feb 19)
 - Faroe, Lundin, Cairn Score Norway License Wins (Jan 21)
 - Centrica's Cohen Appointed Head of UK Onshore Oil, Gas College (Jan 19)

More from this Author
Jon Mainwaring
European Editor | Rigzone
 -  Repsol Defies Oil, Gas Sector Gloom wi... (Feb 26)
 -  UK Oil & Gas Authority Issues 'Call to... (Feb 25)
 -  Latest Activity Survey 'Paints Bleak P... (Feb 24)
 -  GE Oil & Gas Adjusts Recruitment Strat... (Feb 20)
 -  European Services Firms Technip, Dolph... (Feb 18)
Most Popular Articles
From the Career Center
Jobs that may interest you
NDT Business Development
Expertise: Business Development
Location: 2950 North Loop West, Ste 1100 Houston Tx 77092, TX
Projects Manager
Expertise: Petroleum Engineering|Project Management|Reservoir Engineering
Location: Houston, TX
Project Manager
Expertise: Project Management
Location: Bismarck, ND
search for more jobs