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Great Interest in Further Exploration Activity on the Norwegian Shelf
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Great Interest in Further Exploration Activity on the Norwegian Shelf
Business
Date posted: 19.01.2022
Category: Business News
The Ministry of Petroleum and Energy offers 53 new production licenses on the Norwegian continental shelf in the licensing round APA 2021.
— The petroleum industry contributes with large revenues, value creation and jobs across the country. I am therefore happy to offer 53 new production licenses in the predefined areas. Further exploration activity and new discoveries are crucial to develop the Norwegian petroleum industry further, says Minister of Petroleum and Energy Marte Mjøs Persen.
Awards in predefined areas (APA) is an annual exploration round in the most mature areas on the Norwegian shelf.
Source: Regjeringen