News, Oil & Gas

Upward adjustment of oil&gas resrouces

For the very first time, Director General Bente Nyland of the Norwegian Petroleum Directorate (NPD) will present estimates of oil and gas resources in the southeastern Barents Sea and in the waters off Jan Mayen. This will take place in Alta on 27 February at 15:00 hours.

Resources in these areas have not previously been included in the resource estimate for the Norwegian shelf. This will therefore entail an upward adjustment in the estimate for undiscovered resources on the Norwegian shelf.

The Norwegian Petroleum Directorate has collected seismic data in the southeastern Barents Sea and around Jan Mayen on behalf of the government. The mapping started in 2011 and was completed in 2012. The acquired data has been processed and interpreted.