Norway seeks southeast Barents block nominations

Norway’s Ministry of Petroleum and Energy has invited oil and gas operators to nominate blocks to be included in the Norwegian Continental Shelf 23rd license round, whose main focus will be the southeastern Barents Sea.

The ministry is also accepting nominations in the Norwegian Sea and North Sea. Nominations are due by Jan. 14, 2014.

The companies’ nominations will be an important part of the ministry’s decision basis as regards announcing acreage in the 23rd round. Nominations in the southeastern Barents Sea will take place on the basis of the seismic data acquired by the Norwegian Petroleum Directorate as part of the opening process.

The need for thorough, efficient data acquisition in this area means that the further schedule for the 23rd round may be somewhat delayed compared with an ordinary 2-year schedule, the NPD said. The ministry’s proposed announced acreage will be subject to public consultation.

Minister of Petroleum and Energy Ola Borten Moe expects extensive exploratory activity the next few years on licenses already awarded in other parts of the Barents Sea. For reasons relating to resource management, including the interest of facilitating stepwise, efficient exploration, the number of blocks announced in the Barents Sea outside the southeastern area will most likely be limited. However, it will also be possible to nominate blocks in other parts of the Barents Sea.

As regards the Norwegian Sea, it is important for future exploratory activities to lay the foundation for efficient use of the existing transport system, in which considerable spare capacity will become available after 2020.

Related Articles

Shell submits revisions to its 2015 Chukchi Sea exploration plan

08/29/2014 Shell Offshore Inc. submitted revisions to its previously approved Chukchi Sea exploration plan on Aug. 28, a spokesman for the company confirmed. ...

BLM announces California oil, gas strategy as CCST issues report

08/29/2014 The US Bureau of Land Management’s California state office announced a comprehensive strategy for its oil and gas program in the state after receiv...

Lundin lowers resource estimate for Luno II discovery

08/29/2014 Lundin Norway AS, a wholly owned subsidiary of Lundin Petroleum AB, has drilled appraisal well 16/4-8 S in the Luno II discovery 15 km south of Edv...

Noble posts drilling results for Katmai, Dantzler prospects in gulf

08/28/2014 Noble Energy Inc., Houston, has advanced its exploration and appraisal drilling operations on the Katmai prospect on Green Canyon Block 40 and the ...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected