75 new production licences in APA 2017
Today, 16 January, 34 companies will be offered a total of 75 new production licences on the Norwegian continental shelf.
Never before have this many production licences been awarded in an APA round (Awards in Pre-defined Areas), and never before have this many applications been submitted.
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Production figures December 2022
Preliminary production figures for December 2022 show an average daily production of 1 983 000 barrels of oil, NGL and condensate.
Changes in the regulations
The Resource Management Regulations and Regulations relating to documentation in connection with storing CO2 on the shelf have been changed.
Six companies have applied for CO2 storage acreage
The Norwegian Ministry of Petroleum and Energy (MPE) has received applications from six companies in connection with the announcement of an area in the North Sea for potential storage of CO2 on the Norwegian shelf.
Investments for the future on the Shelf
Only rarely have we seen so much oil and gas produced on the Norwegian shelf as was the case last year – and only rarely have we seen such significant investment decisions.