Last week, the Ministry of Petroleum and Energy announced the award of production licenses in the 2012 Awards in Predefined Areas (APA) licensing round, encompassing mature areas on the Norwegian Continental Shelf.
Det norske oljeselskap ASA was awarded eight new licenses, three of three as operator. In total 40 companies were offered shares in the 51 new production licenses in the North Sea, the Norwegian Sea and the Barents Sea.
Det norske said it was is very pleased with the award. “By awarding Det norske shares in eight licenses the Ministry places trust in our company. We are especially satisfied with the role as operator in our first priority” , comments Sr. VP Exploration, Bjørn Martinsen.
Minister of Petroleum and Energy Ola Borten Moe is pleased to see strong, broad-based interest in the most well-known parts of the continental shelf. “ This year’s licensing round confirms that Norway’s combination of framework conditions and geological opportunities is internationally ompetitive,” comments Ola Borten Moe.
[mappress] January 21, 2013