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

Seabed minerals: Substantial resources on the Norwegian shelf
27/01/2023 The Norwegian Petroleum Directorate (NPD) has prepared a resource assessment of the seabed minerals on the Norwegian shelf.
Production figures December 2022
20/01/2023 Preliminary production figures for December 2022 show an average daily production of 1 983 000 barrels of oil, NGL and condensate.
Gas discovery near the Aasta Hansteen-field in the Norwegian Sea – 6605/1-2 S and 6605/1-2 A
18/01/2023 Equinor Energi AS, operator of production licence 1128, has concluded the drilling of wildcat well 6605/1-2 S and appraisal well 6605/1-2 A.
Drilling permit for well 15/2-2 S and 15/2-2 A
17/01/2023 The Norwegian Petroleum Directorate (NPD) has granted OMV (Norge) AS drilling permit for well 15/2-2 S and 15/2-2 A, cf. Section 13 of the Resource Management Regulations.
Changes in the regulations
13/01/2023 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
11/01/2023 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.
Announcement: Acreage for CO2 storage on the Norwegian Continental Shelf
11/01/2023 On 11 of January 2023, the Ministry of Petroleum and Energy announced an area for CO2 storage pursuant to the CO2 Storage Regulations.
APA 2022: 25 companies offered ownership interests
10/01/2023 On 10 January 2023, 25 companies were offered ownership interests in a total of 47 production licences on the Norwegian shelf in the awards in predefined areas (APA) 2022.
Investments for the future on the Shelf
09/01/2023 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.
Continuing the near subsurface mapping for offshore wind
06/01/2023 The Norwegian Petroleum Directorate (NPD) has awarded contracts to the companies Fugro and Enviros for mapping of the shallowest strata under the seabed.