Norway seeks bids for 23rd licensing round

Norway is asking oil companies to bid on blocks they want in the 23rd licensing round on the Norwegian shelf.

Norway is asking oil companies to bid on blocks they want in the 23rd licensing round on the Norwegian shelf.

The primary focus area will be the southeastern Barents Sea. The Ministry of Petroleum and Energy is also accepting nominations in the Norwegian Sea and the North Sea.

Exceptions include areas covered by licenses, a category known as Awards in Predefined Areas, and areas with activity restrictions.

Bids must be received by the Ministry of Petroleum and Energy by noon on Jan. 14. A copy must also be submitted to the Norwegian Petroleum Directorate.

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