MMS, NPD sign cooperative exploration agreement

The US Minerals Management Service signed a memorandum of understanding with the Norwegian Petroleum Directorate, MMS announced on May 6.

Nick Snow
Washington Editor

WASHINGTON, DC, May 7 -- The US Minerals Management Service signed a memorandum of understanding with the Norwegian Petroleum Directorate, MMS announced on May 6.

The agreement's objectives are to establish and build relationships; promote cooperative resource management activities in exploration and production; promote the sharing of scientific and technical information, exploration, and production strategies as well as technical solutions; and conduct cooperative research studies, MMS and NPD officials said.

MMS acting director Walter D. Cruickshank and NPD director general Bente Nyland signed the MOU. They said the agreement will adhere to applicable US and Norwegian laws.

It complements an existing MOU between MMS and Norway's Petroleum Safety Authority, Cruickshank noted.

Contact Nick Snow at nicks@pennwell.com.

More in Exploration & Development