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

 - Singapore's Pavilion Signs 2 Long-Term LNG Purchase Deals (Sep 24)
 - US Judge Rejects BP Bid To Recoup Some Payments Made For Spill (Sep 24)
 - BP To Cut 275 Jobs In Alaska After Oil Field Disposals (Sep 16)
 Company: Statoilmore info

 - Statoil Halts Aasgard A Production Due To Bad Weather (Sep 25)
 - Statoil Calls Off 40,000-Bpd Canadian Oil Sand Development (Sep 25)
 - Norway Government to Outline Sverdrup Project Plan in Early 2015 (Sep 22)
 Company: Total S.A.more info
 - Energy Minister: PNG Wants Total to Develop Disputed Gas Field (Sep 25)
 - Total Sells Stake In US Shale Gas Transport Firm For Up To $450M (Sep 23)
 - Russia's Rosneft, US ExxonMobil Continue Drilling In Kara Sea Till Oct 10 (Sep 23)
 Company: ConocoPhillipsmore info

 - ConocoPhillips Reaches Out To Put Veterans to Work (Aug 14)
 - Conoco Plans 4-5 Week Turnaround At Surmont Oil Sands In 3Q (Aug 11)
 - ConocoPhillips Profit Slightly Higher; Output Rises (Jul 31)
 Company: ENImore info

 - Eni Makes 300M Barrel Oil Discovery In Ecuador (Sep 18)
 - IKM Subsea Wins $16M Contract to Provide ROV Services to Eni in Indonesia (Sep 17)
 - Eni Finds 300M Barrels Offshore Angola (Sep 17)
 Company: OMVmore info
 - OMV E&P Director to Leave in 2016 (Sep 17)
 - OMV's Huijskes To Leave In 2016 For 'Private Reasons' (Sep 16)
 - OMV Selects 15 Women for Technical Scholarships (Sep 10)
 Company: Repsol more info
 - Fighting Close to Libyan Oilfield, Refinery as Rival 'Oil Minister' Appears (Sep 22)
 - Statoil Farms into Repsol Licenses, Offshore Colombia (Sep 5)
 - Norway's Statoil Hit By Dry Wells Off Angola, US Gulf (Sep 4)
 Company: Lundin Petroleum ABmore info

 - Drilling at Gobi-1 Well in West Natuna Basin's Gurita PSC Set for October (Sep 23)
 - Norway Government to Outline Sverdrup Project Plan in Early 2015 (Sep 22)
 - PBJV Inks Services Deal for Lundin's Offshore Oil, Gas Fields in Malaysia (Sep 4)
 Company: Centrica PLCmore info
 - Serica Energy Completes Farm Out of Doyle Gas Prospect (Aug 5)
 - Centrica 1H Profits Fall 35% On Weather Woes (Jul 31)
 - Centrica Comes Up Dry near Ula Field (Jul 23)

More from this Author
Jon Mainwaring
European Editor |
 -  Key Oil, Gas Figures Welcome Scotland'... (Sep 19)
 -  Falkland Oil and Gas Makes Progress Ah... (Sep 16)
 -  One Millionth Barrel Delivered from Ar... (Sep 15)
 -  Inside GE's New Technology Solutions C... (Sep 12)
 -  BP, Shell Urge Scotland to Vote agains... (Sep 11)
Most Popular Articles
From the Career Center
Jobs that may interest you
Expertise: Legal, Secretarial or Administrative
Location: Houston, TX
Shipping & Receiving Manager
Expertise: Inventory Control, Logistics Coordinator, Materials Management
Location: Abbeville, LA
Production Planner I
Expertise: Process Management
Location: Fort Worth, TX
search for more jobs