Applies in the Barents Sea

This article originates from the news archive of Det norske.

7. November 2008

Det norske submitted license applications for the 20th Licensing Round to the Ministry of Petroleum and Energy today. The Ministry aims at rewarding new production licences in the spring of 2009, at the same time as which the comprehensive Management Plan for the Norwegian Sea is finalized.

In the 20th Licensing Round, Det norske has applied for licenses in both the Norwegian Sea as well as in the Barents Sea. Det norske has for some time signalled that increased activities in the Barents Sea is necessary. The company has established its office in Harstad with a view to strategic pursuit of the Barents Sea.

– Det norske has already established a well-balanced exploration portfolio. We hope that this will be strengthened through the 20th Round, states Tom Bugge, Vice President Exploration of Det norske.

– Not in the least we hope to continue our positive development in Harstad. We have established ourselves in the north of Norway, and will continue to develop in this region.

About Det norske (`DETNOR`):
Det norske is the second-largest operating company on the Norwegian Continental Shelf with 24 operatorships and interests in a total of 46 licenses. Det norske is the operator of the Frøy Field development and will also operate eight to nine exploration wells in the North Sea and Norwegian Sea during 2009. Det norske’s scope of activities is limited to the Norwegian Continental Shelf (NCS).

Det norske currently employs a staff of more than 130, and the strong growth rate continues. The company`s registered office is located in Trondheim. The company also has offices in Oslo, Harstad, and Stavanger.