Norway offers new blocks in Norwegian, Barents and North Sea
- Business & Finance
The Ministry of Petroleum and Energy has announced today the APA 2014, comprising the predefined areas with blocks in the North Sea, the Norwegian Sea and the Barents Sea.
The predefined areas (APA boxes) have been extended with more blocks since APA 2014. The new areas include six blocks in the Norwegian Sea and three blocks in the Barent Sea. Applications can be made for any blocks or parts of blocks within the predefined areas which are not already included in a licence three months before the closing date for application. This entails that acreage which is relinquished in the application period is regarded as announced at the time of governmental approved relinquishment. The acreage will be included consecutively in the predefined areas on NPD’s interactive fact maps until three months before the closing date for application.
The application deadline for APA 2014 is 12:00 a.m. hrs on Tuesday 02 September 2014. The awards will be announced during the first quarter of 2015.
Read the complete invitation here.