OGA Names Final Winners from 28th Offshore Licensing Round

OGA Names Final Winners from 28th Offshore Licensing Round
The UK's Oil and Gas Authority announces the remaining winners from the 28th Offshore Licensing Round, which covers 353 blocks on the UK Continental Shelf.

The UK’s Oil and Gas Authority (OGA) announced Monday the remaining winners from the 28th Offshore Licensing Round, which covers 353 blocks on the UK Continental Shelf.

In addition to the 134 licenses awarded in late 2014 as part of the latest licensing round, 41 new licenses were awarded today, making this one of the largest rounds in the five decades since the first licensing round took place in 1964. The OGA revealed that ENI was awarded three licenses, covering 23 blocks, Shell received one license, covering ten blocks, and OMV was awarded one license, covering nine blocks. Other companies that were awarded licenses as part of the second tranche of the 28th Offshore Licensing Round included BP, Total and Maersk.

Andy Samuel, Oil and Gas Authority chief executive, commented in an OGA statement:

“The UK Continental Shelf remains a world-class hydrocarbon province where significant resources and economic value remain to be realized. The good level of interest in the 28th Round highlights the continued attractiveness of the UK’s oil and gas resources. Licenses are however just a start and industry, government and the OGA now need to work together to revitalize exploration activity across the basin and convert licenses into successful exploration wells.”

Andrea Leadsom, UK Energy Minister, said in a government press release:

“We are determined to make the most of our North Sea resources to provide secure, reliable energy for hardworking families and businesses and reduce our reliance on volatile foreign imports. We are backing our oil and gas industry which supports hundreds of thousands of jobs across the UK. The 28th offshore licensing round comes after the government announced a major package of support in March to encourage $6.2 billion of additional investment in the North Sea which will prolong the life of this vital industry.”

The latest awards covered northern and southern sectors of the North Sea, as well as Morecombe Bay and areas west of the Shetlands. Companies that were awarded blocks in the first tranche of the 28th Offshore Licensing Round include Statoil, Enquest and Highland Petroleum.

A graduate in journalism from Cardiff University, Andreas has eight years of experience as a business journalist. Email Andreas at andreas.exarheas@rigzone.com

WHAT DO YOU THINK?

Click on the button below to add a comment.
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


 - BP Production to Grow with Thunder Horse South Expansion (Jan 23)
 - Big Oil Back On The Acquisition Trail As Outlook Brightens (Jan 19)
 - Canada Rules Out Arctic Oil Drilling Extensions for ExxonMobil, BP (Jan 6)
 Company: Maersk Drillingmore info


 - Maersk to Limit Investment in Energy Businesses until Separation (Dec 13)
 - Maersk Oil Begins Culzean Drilling Campaign (Sep 29)
 - Maersk Highlander Ready for Action (Aug 19)
 Company: Statoilmore info


 - Statoil Says Mistakes, Lack Of Maintenance Led To Troll, Mongstad Accidents (Jan 20)
 - Big Oil Back On The Acquisition Trail As Outlook Brightens (Jan 19)
 - Oil, Gas Firms Make Global 100 Most Sustainable Corporations List (Jan 19)
 Company: Total S.A.more info
 - Big Oil Back On The Acquisition Trail As Outlook Brightens (Jan 19)
 - Oil, Gas Firms Make Global 100 Most Sustainable Corporations List (Jan 19)
 - Norway Awards 56 Oil And Gas Licences In Mature Areas (Jan 17)
 Company: ENImore info


 - Oil, Gas Firms Make Global 100 Most Sustainable Corporations List (Jan 19)
 - Norway Awards 56 Oil And Gas Licences In Mature Areas (Jan 17)
 - Eni: Oil, Gas Discovery in Norwegian Sea (Jan 17)
 Company: OMVmore info
 - Gazprom, OMV Reach Basic Deal On Swap Of Norway, Siberia Assets (Dec 14)
 - OMV CEO Hopes For Asset Swap Deal With Gazprom Before Year-End (Nov 17)
 - OMV Says Wisting Arctic Discovery May Exceed 1B Barrels (Nov 17)
 Company: Royal Dutch Shell plcmore info
 - Shell to Reshuffle Head of Exploration Role (Jan 23)
 - Oil, Gas Conflicts throughout Africa in 2016 (Jan 4)
 - Total, Shell, Eni Eligible to Bid for New Iran Oil, Gas Projects (Jan 3)
 Company: EnQuest plcmore info
 - UK Government Support Package Needed for Scolty/Crathes Job Creation (Nov 22)
 - EnQuest Achieves First Oil from North Sea Scolty/Crathes Project (Nov 21)
 - EnQuest Launches Financial Restructuring (Oct 13)
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Andreas Exarheas
Assistant European Editor | Rigzone
 -  KRG Delivers Payments to Genel, DNO, G... (Jan 23)
 -  UK Industrial Strategy Paper Outlines ... (Jan 23)
 -  Oil, Gas Firms Make Global 100 Most Su... (Jan 19)
 -  NPDC Pipeline Set on Fire, Cause Uncle... (Jan 18)
 -  BLOG: Buhari Changes Hard-Line Approac... (Jan 18)


Most Popular Articles

From the Career Center
Jobs that may interest you
United States Duncan: Material Handler
Expertise: Logistics Management|Materials Management |Supply Chain Management
Location: Duncan, OK
 
Business Development Analyst
Expertise: Business Analyst|Business Development
Location: Chesapeake, VA
 
Attorney I
Expertise: Contracts Administration|Legal
Location: Houston, 
 
search for more jobs

Brent Crude Oil : $55.23/BBL 0.46%
Light Crude Oil : $52.75/BBL 0.62%
Natural Gas : $3.24/MMBtu 1.25%
Updated in last 24 hours