Oljedirektoratet

25. licencing round on the Norwegian Continental shelf - here are the applicants

25.runde-kart

Credit: Norskpetroleum.no

25/02/2021 Seven companies have applied for production licenses in the 25th licensing round on the Norwegian shelf. The deadline for applications was 23 February.

A total of 136 blocks or parts of blocks were announced in this licensing round. Of these, eleven are in the Norwegian Sea and 125 in the Barents Sea.

“In this round, the announced blocks are mostly in frontier areas. We see that large and medium-sized companies with good technical and financial capacity to conduct exploration in such areas have applied”, says Torgeir Stordal, director of technology and coexistence in the NPD.

Seven companies have applied for production licences, either alone or in groups:

  • A/S Norske Shell
  • Equinor Energy AS
  • Idemitsu Petroleum Norge AS
  • Ineos E&P Norge AS
  • Lundin Norway AS
  • OMV (Norge) AS
  • Vår Energi AS

Now begins the work of evaluating the applications. Companies that are awarded licences must have technical expertise and a solid understanding of the geology. Emphasis will also be placed on financial strength and experience.

This is outlined in the announcement letter. The announced blocks have been mapped by the Norwegian Petroleum Directorate to ensure a good evaluation process.

The Ministry of Petroleum and Energy aims to award new production licences in the 25th licensing round before the summer of 2018.

Read more: Ministry of Petroleum and Energy press release

Contact

Ola Anders Skauby

Director Communication, public affairs and emergency response

Tel: +47 905 98 519

Updated: 26/02/2021

Latest news

Drilling permission for the wells 7324/6-2 and 7324/8-4
06/05/2024 The Norwegian Offshore Directorate has granted Aker BP ASA drilling permit for the wells 7324/6-2 and 7324/8-4 in production license 1170, cf. Section 13 of the Resource Management Regulations.
Eight companies have applied for CO2 storage acreage
30/04/2024 The Norwegian Ministry of Energy has received applications from eight companies in connection with the announcement of two areas in the North Sea for potential storage of CO2 on the Norwegian shelf.
Invitation to nominate blocks for mineral activities on the seabed
29/04/2024 In a letter of 29 April, the Norwegian Offshore Directorate invited players to nominate blocks in connection with the first licensing round for mineral activities on the seabed.
Drilling permission for wells 35/10-14 S and 35/10-14 A
29/04/2024 The Norwegian Offshore Directorate has granted Equinor Energy AS drilling permit for wells 35/10-14 S and 35/10-14 A in production license 1185, cf. Section 13 of the Resource Management Regulations.
Well for data acquisition on Wisting
22/04/2024 Equinor has completed an appraisal well (7324/7-4) on the Wisting discovery in the Barents Sea. The objective was to acquire data on the reservoir and cap rock, for use in ongoing evaluation and development of the discovery.
Production figures March 2024
19/04/2024 Preliminary production figures for March 2024 show an average daily production of 2 086 000 barrels of oil, NGL and condensate.
Norwegian Offshore Directorate publishes new deep sea data
17/04/2024 In June 2022, the Norwegian Offshore Directorate published data collected up to 2022. The Directorate is now releasing deep sea data gathered from 2022 to 2024.
The future in the Barents Sea is here now
17/04/2024 The Johan Castberg ship will soon be heading north. With the ship in place, the plan is to have three producing fields in the Barents Sea by the end of the year.
Oil discovery in the North Sea
17/04/2024 Vår Energi has made an oil discovery in "Ringhorne Nord" (wells 25/8-23 S and 25/8-23 A & B), north of the Ringhorne Øst field, 200 kilometres northwest of Stavanger.
Entering into cooperation with Greenland and Denmark on seabed minerals
15/04/2024 This cooperation involves an MoU – Memorandum of Understanding – with the aim of acquiring additional knowledge on seabed minerals.