Norway’s Ministry of Petroleum and Vitality revealed that it has obtained functions from 25 corporations for the Awards in Predefined Areas (APA) 2023 licensing spherical.
In an announcement posted on its web site, the ministry famous that it doesn’t publish the full variety of functions “due to aggressive concerns”. Among the many candidates have been A/S Norske Shell, ConocoPhillips Skandinavia AS, Equinor Vitality AS, TotalEnergies EP Norge AS, and Harbour Vitality Norge AS, the ministry revealed. A full record of candidates, as outlined on the ministry’s web site, will be seen under.
- A/S Norske Shell
- Aker BP ASA
- Concedo AS
- ConocoPhillips Skandinavia AS
- DNO Norge AS
- Equinor Vitality AS
- Harbour Vitality Norge AS
- INPEX Idemitsu Norge AS
- KUFPEC Norway AS
- Lime Petroleum AS
- Longboat JAPEX Norge AS
- M Vest Vitality AS
- Neptune Vitality Norge AS
- OKEA ASA
- OMV (Norge) AS
- Pandion Vitality AS
- Petrolia NOCO AS
- PGNiG Upstream Norway AS
- Repsol Norge AS
- Supply Vitality AS
- Sval Energi AS
- TotalEnergies EP Norge AS
- Vår Energi ASA
- Wellesley Petroleum AS
- Wintershall Dea Norge AS
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“We have now obtained numerous functions from the energetic corporations on the Norwegian continental shelf to seek for new petroleum assets within the introduced areas,” Norway’s Minister of Petroleum and Vitality, Terje Aasland, stated in a authorities assertion.
“With out exploration and new discoveries, we are going to neither be capable to keep the manufacturing of oil and gasoline over time or additional develop the petroleum sector and all the roles within the trade,” Aasland added.
“That the oil corporations are displaying such nice curiosity within the awarding of recent manufacturing licenses and exploration on the Norwegian continental shelf is subsequently superb,” the minister continued.
In an announcement posted on its web site, the Norwegian Petroleum Directorate (NPD) said that the majority corporations which might be energetic on the Norwegian shelf have submitted functions on this yr’s APA.
“It is gratifying to notice the persevering with important curiosity in investigating new exploration acreage amongst virtually all energetic corporations on the Norwegian Continental Shelf, and that we see an elevated curiosity within the Barents Sea this yr,” Kalmar Ildstad, the Director of License Administration within the NPD, stated in a corporation assertion.
The NPD famous in its assertion that it’s now commencing the work of evaluating the functions, “with give attention to geological understanding and plans for exploring the areas”.
“When manufacturing licenses are awarded, emphasis can be positioned on the businesses’ technical experience and expertise, in addition to their monetary energy,” the NPD assertion added.
The authorities plan to announce which corporations might be supplied shares in APA 2023 early in 2024, the NPD assertion revealed.
APA is the annual licensing spherical for the best-known exploration areas on the Norwegian shelf, the ministry’s assertion outlined, including that it contains nearly all of the accessible exploration areas.
The APA space is being expanded as geological information in areas on the Norwegian shelf will increase, the ministry famous within the assertion, highlighting that, on this yr’s licensing spherical, the predefined space was expanded within the North Sea and the Barents Sea.
The annual APA licensing rounds have been launched in 2003, the ministry assertion identified. The goal was to greatest facilitate the identification and extraction of worthwhile assets in mature areas earlier than present infrastructure shuts down, in keeping with the assertion.
APA 2023 was introduced on Could 10. In an announcement posted on the ministry’s web site on that day, which was translated from Norwegian, Aasland stated “the annual allocation of exploration acreage is a part of the great, predictable and secure framework circumstances we now have in Norway”.
“We’re thus additionally facilitating additional exercise and worth creation in Northern Norway,” Aasland added within the assertion.
In one other assertion posted on the ministry’s web site in January, the ministry revealed that it had despatched a proposal for the announcement of the APA 2023 licensing spherical on public session.
“We continuously want new discoveries to additional develop the Norwegian continental shelf. Thus, in the present day, I’ve commenced the annual licensing spherical the place we provide exploration areas to the oil corporations,” Aasland stated in that assertion.
“The proposal for a young that has been submitted for session consists of including 92 blocks to the APA space within the north. Facilitating new discoveries within the north is necessary each for Europe, for Norway, and for the area,” Aasland added.
“We will proceed the accountable and long-term administration of the oil and gasoline assets. Persevering with the annual licensing rounds is a pillar of our petroleum coverage,” Aasland continued.
Additionally in January, the ministry revealed that it had supplied 47 new manufacturing licenses on the Norwegian Continental Shelf within the APA 2022 licensing spherical.
These 47 manufacturing licenses have been distributed over the North Sea (29), the Norwegian Sea (16), and the Barents Sea (2), the ministry highlighted in an announcement posted on its web site. A complete of 25 completely different oil corporations have been supplied shares in a number of of those licenses and twelve corporations have been supplied a number of operatorships, the assertion highlighted.
A full record of corporations that have been supplied shares/operatorships for APA 2022, as outlined within the ministry’s assertion, will be seen under.
- Aker BP (17/9)
- AS Norske Shell (1/0)
- Concedo (1/0)
- Conoco Phillips (2/1)
- DNO (11/1)
- Equinor (26/18)
- Harbour (3/1)
- INPEX-Idemitsu (3/0)
- Kufpec (1/0)
- Lime (2/0)
- Longboat (3/0)
- Lotos (1/0)
- M Vest (1/0)
- Neptune (2/1)
- OKEA (4/2)
- OMV (4/2)
- Pandion (2/0)
- Petrolia NOCO (1/1)
- PGNiG (3/0)
- Supply (1/0)
- Sval (4/0)
- TotalEnergies (4/0)
- Vår Energi (12/5)
- Wellesley (4/3)
- Wintershall Dea (11/3)
To contact the creator, e-mail andreas.exarheas@rigzone.com
