19 oil & gas players widen their offshore acreage in Norwegian waters with new licenses
Norway’s Ministry of Petroleum and Energy has offered 57 production licenses to 19 oil and gas companies for further hydrocarbon exploration activity on the Norwegian Continental Shelf (NCS), as part of the award in the pre-defined areas 2025 (APA 2025) round, which represents an uptick from the previous licensing round when 20 players got 53 production licenses.
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