APA 2020: 30 companies offered ownership interests
19/01/2021 30 companies have received offers of ownership interests in a total of 61 production licences on the Norwegian Shelf in the Awards in Predefined Areas (APA) 2020.
The Shelf 2020 – high activity and significant investments
14/01/2021 Activity on the Norwegian continental shelf last year remained at a high level, despite the ongoing pandemic. The year has been characterised by high production and significant investments in developments and projects on the fields.
Changes to the Resource Management Regulations and new guide
11/01/2021 Regulation No. 2004 of 13 December 2017 relating to resource management in the petroleum activities (the Resource Management Regulations) has been amended, effective from 1 January 2021: Amended Resource Management Regulations – 1 January 2021.
“The resource diagram shows that we have produced 48 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 25 per cent of the total. “Therefore, it is important to explore in all the sea areas”, says Director General Ingrid Sølvberg.