Norway’s Petroleum Directorate (NPD) today offered out 60 new exploration licences on the Norwegian Continental Shelf.
They will be offered to 43 companies, including North Sea oil firm Valiant Petroleum – which will be operating on the Norwegian Continental Shelf for the first time if it accepts its licence.
Of the 60 production licences, 34 are in the North Sea, 22 in the Norwegian Sea and four in the Barents Sea.
Fifteen are additional acreage for existing licences.
Of the companies that applied, 42 will be offered interests in at least one production licence.
“There was considerable competition in some of the areas in this year’s round,” said Sissel Eriksen, director of exploration for the NPD.
“The overall level of the applications is quite good, and almost everyone will be awarded acreage.”
Firms offered licenses include: BG Norge, Bridge Energy, Dana Petroleum Norway, Faroe Petroleum Norge, OMV Norge, Premier Oil Norge, Talisman Energy, Total E&P Norge, Valiant Petroleum Norge, Shell, Centrica Resources (Norge)
Others offered licenses include: GDF Suez E&P Norge, Lundin Norway, Maersk Oil Norway, PGNiG Norway, Repsol Exploration Norge, RWE Dea Norge, Statoil Petroleum, Suncor Energy Norge, Wintershall Norge, ConocoPhillips Skandinavia, ExxonMobil Exploration & Production Norway, Marathon Petroleum Norge.