The Ministry of Petroleum and Energy announced the 25th licensing round on 19th of November 2020, encompassing 136 blocks in the Norwegian Sea and the Barents Sea.
The deadline to apply for the 25th licensing round is Tuesday, 23 February 2021 at 12:00.
Applicants are encouraged to submit applications well before the deadline. Awards are expected during the first quarter of 2021.
“The recently published Resource Report 2020 showed that substantial undiscovered resources remain in all areas on the NCS. In the 25th round, the companies will have access to acreage that has not been available in the annual APA rounds so far,” says Torgeir Stordal, Director Exploration.
“The announced acreage features a broad range of exciting plays that, so far, have not been extensively explored.”
“This licensing round contributes to predictable access to acreage for the industry, and towards maintaining the activity level. We look forward to seeing the results in the years to come.”
There are vast proven gas resources on the Norwegian shelf which are currently without development plans. Much of this gas is located in tight reservoirs – which makes it difficult to produce.
The Norwegian Petroleum Directorate (NPD) has conducted a mapping of gas resources that, for various reasons, have yet to be developed. Several of these discoveries could be produced in a manner that is profitable from a socio-economic perspective.
The Norwegian Petroleum Directorate (NPD) has granted Harbour Energy Norge AS drilling permit for well 15/9-25 in production licence 1138, cf. Section 13 of the Resource Management Regulations.
The Norwegian Petroleum Directorate (NPD) is changing its name to the Norwegian Offshore Directorate as of 1 January 2024. The new name reflects the additional responsibilities assigned to the directorate in recent years.
The Norwegian Petroleum Directorate (NPD) has granted Equinor Energy ASA drilling permit for well 35/11-28 S in production licence 248 C, cf. Section 13 of the Resource Management Regulations.
The Norwegian Petroleum Directorate (NPD) has granted Neptune Energy Norge AS drilling permit for well 35/6-4 A in production licence 929, cf. Section 13 of the Resource Management Regulations.