Rewarded with ten new licenses – thereof six operatorship

This article originates from the news archive of Det norske.

19. January 2016

Det norske  is offered interests in ten new licenses, including six operatorship in the APA (Awards in Pre-defined Areas) 2015. Today, 19 January, offers will be sent to 36 companies for 56 new production licenses on the Norwegian continental shelf.

SVP Exploration Gro G. Haatvedt

SVP Exploration Gro G. Haatvedt

The Ministry of Petroleum and Energy announced today the awarding of new licenses in mature areas on the Norwegian continental shelf.  A total of 43 companies applied.

Of the companies that applied, 37 will be offered ownership interests in at least one production licence. Petoro will participate as a licensee and will manage the State’s Direct Financial Interest (SDFI) in thirteen production licences.

“Also in this round, Det norske achieved a god result. We are pleased with the award of ten licenses including six new operatorship”  says SVP Exploration Gro G. Haatvedt.

Of the 56 production licences, 27 are in the North Sea, 24 in the Norwegian Sea and five in the Barents Sea. Fourteen of the production licences are additional acreage for existing production licences. Five of the new licences are divided stratigraphically and apply only to levels below/above a defined stratigraphic boundary.

“I will recognize the exploration group for a very well done job. We provided a very good application. All who have contributed deserve a big thank you”, says Haatvedt.