Looking for a specific product?

Make a search for products & suppliers, articles & news.

APA 2013: Continued substantial interest in mature areas on the Norwegian shelf

When the application deadline expired for Awards in Predefined Areas (APA) 2013 on the Norwegian continental shelf, the Ministry of Petroleum and Energy (MPE) had received applications from 50 companies. The Ministry aims to award new production licences in APA 2013 sometime during January 2014.

 

“In order to achieve a high level of value creation and State revenues, it is important that we facilitate a long-term, stable activity level on the continental shelf. Timely exploitation of the mature areas on the shelf is a prerequisite for achieving this. The fact that so many companies have expressed interest in new awards in mature areas is very positive” says Minister of Petroleum and Energy Ola Borten Moe (Centre Party).

The APA system involves annual awards within pre-defined mature areas. The available area is expanded as new areas mature. The objective of the APA system is to stimulate exploration activity in mature parts of the shelf where, in most cases, we expect minor discoveries that can carry a stand-alone development. Good resource management indicates that we prove and exploit these resources before existing infrastructure associated with other fields is shut down.

Although most discoveries in the APA acreage cannot support a stand-alone development, recent years have shown that significant discoveries can still be made in mature areas of the shelf. This is a result of the fact that the APA system facilitates circulation of area, and allows new ideas to be tested in areas that have been available for exploration for several years. Large parts of the APA acreage have been previously awarded and relinquished.

“The fact that we have as many as 50 companies on the list of applicants illustrates again the enormous success of the APA scheme. This program has become one of the pillars in our work to maximise value from our oil and gas resources,” says Minister of Petroleum and Energy Ola Borten Moe.

The Government announced APA 2013 on 15 February 2013. More information about APA 2013 can be found in the press release that was issued at the time. Here you can also find a map of the announced areas.

The following companies have applied for production licences: A/S Norske Shell, Atlantic Petroleum Norge AS, Bayerngas Norge AS, Bridge Energy Norge AS, Capricorn Norge AS, Centrica Resources Norge AS, Chevron Norge AS, Concedo ASA, ConocoPhillips Scandinavia AS, Core Energy AS, Dana Petroleum Norway AS, Det norske oljeselskap ASA, Dong E&P Norge AS, E.ON Ruhrgas Norge AS, Edison International SpA, ENI Norge AS, EnQuest Norge AS, Explora Petroleum AS, ExxonMobil Exploration and Production Norway AS, Eykon Energy AS, Faroe Petroleum Norge AS, Fortis Petroleum Norway AS, GDF SUEZ E&P Norge AS, Idemitsu Petroleum Norge AS, Ithaca Petroleum Norge AS, Lime Petroleum Norway AS, LOTOS Exploration & Production Norge AS, Lundin Norway AS, Maersk Oil Norway AS, Marathon Oil Norge AS, Moeco Oil & Gas Norge AS, North Energy ASA, Noreco Norway AS, OMV Norge AS, Petrolia Norway AS, PGNiG Norway AS, Premier Oil Norge AS, Repsol Exploration Norge AS, Rocksource ASA, RWE-Dea Norge AS, Skagen44 AS, Spike Exploration Holding AS, Statoil Petroleum AS, Svenska Petroleum Exploration AS, Suncor Energy Norge AS, Talisman Energy Norge A/S, Total E&P Norge AS, Tullow Oil Norge AS, VNG Norge AS, Wintershall Norge ASA. 

 

Related news

Latest news

Resolutuions at Semcon's annual general meeting 2017

Semcon’s Annual General Meeting (AGM) was held on Wednesday April 26,

DNV GL launches new PSC Planner application

Classification society DNV GL has launched a new application on its My DNV GL portal

300 solutions that will change the world

Global Opportunity Explorer launch

Wind powered oil recovery concept moves closer to implementation

The DNV GL-led joint industry project,

Feeding the future with AKVA

AKVA group has seen a strong market response to the new AKVAconnect feeding system, released late 2016 into the Chilean market. Customer feedback has been very positive resulting in a strong increase in sales.

The Mohammed bin Rashid Al Maktoum Solar Park Phase II will be managed by GreenPowerMonitor monitoring solutions

The project forms part of the larger 1 GW Mohammed bin Rashid Al Maktoum Solar Park

Chalet and chaletino, oak flooring of exceptional length and width

Chalet and Chaletino from BOEN is parquet flooring made with exceptionally wide and long planks of the finest timber.

Fire in Vestdavit offices – Possible disruption of service

Vestdavit and all staff would like to express sincere thanks for the inquiries and good wishes sent to us by our industry partners,

TechnipFMC and DOF Subsea announce delivery of Sk

Technip FMC and DOF Subsea announce the delivery of Skandi Búzios and commencement of contract with Petrobras.