Norway Awards 75 Oil Exploration Licenses

Norway's energy ministry has awarded 75 offshore exploration blocks to oil companies in a so-called predefined areas (APA) licensing round, handing out acreage to 34 firms, of which 19 got at least one operatorship, it said on Tuesday.

 

A total of 39 firms had applied for the offered acreage, up from 33 companies that applied in the previous round a year ago, when the ministry awarded 56 exploration licenses.


(Reporting by Nerijus Adomaitis and Joachim Dagenborg, editing by Terje Solsvik)