Norway awarded on Tuesday 69 new production licenses to 28 companies to explore in areas next to mature developed production areas, securing further exploration on the Norwegian Continental Shelf, the Ministry of Petroleum and Energy said.
“The companies show great interest in further access to new exploration acreage. This means that the industry believes in future value creation on the Norwegian continental shelf,” Norway’s Minister of Petroleum and Energy Sylvi Listhaug said in a statement.
A total of 33 oil companies had applied for licenses in Norway’s 2019 licensing round for exploration and development in the most mature areas of the shelf by the deadline.
Today, Norway awarded 33 licenses in the North Sea, 23 licenses in the Norwegian Sea, and 13 licenses in the Barents Sea.


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