25. licencing round on the Norwegian Continental shelf - here are the applicants
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.
Norwegian Petroleum Directorate launches new system for reporting geophysical surveys
18/02/2021 The new system will streamline reporting of geophysical surveys. It will also contribute to better coexistence with fishery interests, and greater efficiency for the governmental agencies involved in the process.
“The resource diagram shows that we have produced 49 per cent of the recoverable resources on the shelf. This means that more than half remain to be produced and discovered. Of course, it is impossible to say exactly how much is yet to be discovered, but our analyses indicate that it can be 24 per cent of the total. “Therefore, it is important to explore in all the sea areas”, says Director General Ingrid Sølvberg.