Aker BP has been offered more than 20 new production licenses following the latest licensing round by the Norwegian government.
The independent oil company were offered 21 new production licenses, including the right to operate on 13.
The award was unveiled as part of Norway’s Awards in Pre-defined Areas (APA) 2016.
Of the 21 production licenses offered to Aker BP, 16 are in the North Sea, four in the Norwegian Sea and one in the Barents Sea.
Senior vice president of exploration, Gro G. Haatvedt, described the latest round of licensing as a “very good result” for the company.
She added: “We are very pleased with the award, which forms the basis for further growth.”
Aker BP currently has 95 licenses on the Norwegian Continental Shelf, of which the company has the right to operate on 47.
The APA award was announced by the Minister of Petroleum and Energy (MPE), Terje Søviknes yesterday.
A total of 29 oil companies were offered 56 production licences during this round.
Mr Søviknes said: “I am proud to offer a large and diverse group of oil companies participating interests in 56 new production licences in our best known exploration areas.
“This illustrates how many companies see significant, long-term business-opportunities in the petroleum resources on the Norwegian Continental Shelf, and that this government’s policies work as intended.”
The APA licensing rounds cover the most explored areas on the Norwegian shelf.
It was announced earlier this year that Statoil had won big during the latests licensing rounds.
Recommended for you
