NORWAY PARCELS OUT MORE OFFSHORE ACREAGE

Exploration off Norway will get a substantial boost next year from the award of 36 blocks in the North Sea, Haltenbanken, and Barents Sea. In the 13th licensing round, 15 blocks were awarded in the North Sea, six in the Haltenbanken area off mid-Norway, and 15 in the Barents Sea. Major beneficiary of the round was state owned Den norske stats oljeselskap AS, which will operate six of the blocks. The company said for the first time in a decade it was awarded its top choice tract in a licensing

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