Norway is planning a new licensing round for offshore oil and gas fields in the North Sea, Norwegian Sea, and Barents Sea. The licensing for mature, already open areas will expand available exploration acreage, the Norway Energy Ministry said.
An invitation to apply for petroleum production licenses, an updated map of the announced blocks, regulatory requirements and more information was posted on the Norwegian Petroleum Directorate web site.
Applications are due by Sept. 4. The ministry plans to award licenses in early 2019.
The latest licensing round was expanded to 103 blocks total compared with 2017 offerings of 47 Norwegian Sea blocks and 56 Barents Sea blocks.
