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Greenland awards seven licenses in Baffin Bay

01/03/2011
Greenland's government has awarded seven oil and gas exploration licenses in Baffin Bay to seven international companies.The Bureau of Minerals and Petroleum said it had received 17 block applications from 12 companies by the May 1, 2010, deadline.The block awards, from north to south, are:Qamut Block 2, ConocoPhillips Global Greenland Ltd., DONG Gronland AS, and Nunaoil AS.Anu Block 5, Shell Kanumas AS, Statoil Greenland AS, GDF Suez E&P Greenland AS, and Nunaoil.Pitu Block 6, Capricorn Greenland Exploration 1 Ltd. and Nunaoil.Napu Block 8, Shell Kanumas AS, Statoil Greenland, GDF Suez, and Nunaoil.Tooq Block 9, Maersk Oil Kalallit Nunaat AS and Nunaoil.Napariaq Block 13, Capricorn G...
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