Norway Licensing Round Sees Greatest Interest in Barents Sea

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

 - Brazil And Mexico Vie for Cash From Oil Explorers in Price Rout (Aug 31)
 - BP, Emerson Extend Automation Services Agreement (Aug 26)
 - Iraq Oil Minister Says $9B in Arrears Paid to Oil Firms (Aug 25)
 Company: Statoilmore info

 - Russia's Rosneft Says China's COSL to Drill Offshore Oil Wells (Sep 2)
 - Brazil And Mexico Vie for Cash From Oil Explorers in Price Rout (Aug 31)
 - NPD Grants Statoil Drilling Permit in North Sea (Aug 27)
 Company: Total S.A.more info
 - Total Sells North Sea Gas Pipelines For $907M (Aug 27)
 - Total Abandons Shale Gas Exploration at Well in Denmark (Aug 18)
 - Total on Track to Start Bulgaria Offshore Drill in Early 2016 (Aug 17)
 Company: ConocoPhillipsmore info

 - Penn West, ConocoPhillips Cut Combined 900 Jobs In Canada (Sep 1)
 - Two New Canadian Oil Sands Projects Started Despite Price Pain (Sep 1)
 - Oil & Gas UK Appoints 4 New Board Members (Aug 25)
 Company: ENImore info

 - Giant Gas Find Favoring Egypt at Israel's Expense Sparks Selloff (Sep 1)
 - Eni Makes Massive Gas Discovery at Shorouk Block, Offshore Egypt (Aug 31)
 - Iraq Oil Minister Says $9B in Arrears Paid to Oil Firms (Aug 25)
 Company: OMVmore info
 - OMV Appoints New Executive Board Member (Aug 27)
 - OMV CEO Confident of EU Nod for Nord Stream (Aug 12)
 - Marathon, OMV Hand Back Croatia Oil Exploration Licences (Jul 29)
 Company: Repsol more info
 - Spain's Repsol Says to Maintain Capex Thanks to Talisman (Jul 30)
 - Repsol Starts Production at Giant Perla Field Offshore Venezuela (Jul 6)
 - Norway Rig Workers Agree Wage Deal, Avoid Strike (Jun 25)
 Company: Lundin Petroleum ABmore info

 - Lundin Well Indicates Edvard Grieg Recoverable Oil Increase (Aug 25)
 - First Phase of Johan Sverdrup Development Approved (Aug 21)
 - Lundin Cuts 2015 Production Forecasts (Aug 5)
 Company: Centrica PLCmore info
 - IGas Appoints New Chief Financial Officer (Aug 26)
 - Shell, Centrica to Cut More Than 12,000 Jobs by 2020 (Jul 30)
 - UK's Centrica Extends North Morecambe Gas Field Outage by 6 Hours (Jul 3)

Our Privacy Pledge

More from this Author
Jon Mainwaring
Senior Editor, EMEA | Rigzone
 -  Go-Ahead Given for Biggest UK Field Fo... (Aug 31)
 -  Wood Group Scores Gabon Deal after Tou... (Aug 18)
 -  European Oilfield Services: Light at t... (Aug 14)
 -  UK Government to Fast Track Shale Gas ... (Aug 13)
 -  Tullow Resumes Exports from the Jubile... (Aug 12)

Most Popular Articles

From the Career Center
Jobs that may interest you
West Coast Account Manager
Expertise: Business Development|Sales & Marketing
Location: Seattle, WA
Project Quality Manager
Expertise: Project Management|QA / QC / Inspection
Location: Houston, TX
Vice President of Safety & Health
Expertise: HSE Manager / Advisor|Regulatory Compliance|Safety Officer
Location: Covington, LA
search for more jobs

Brent Crude Oil : $49.56/BBL 8.47%
Light Crude Oil : $45.41/BBL 7.70%
Natural Gas : $2.7/MMBtu 0.40%
Updated in last 24 hours