The Norwegian Petroleum Directorate has received applications for both the Norwegian Sea and the Barents Sea. The interest is greatest in the Barents Sea.
“It is no great surprise that several companies apply for production licences in the Barents Sea”, comments exploration director Sissel Erikson. “After Statoil found oil and gas on “Skrugard” (7220/8-1) last year, the interest in exploring the Barents Sea has risen sharply. The confidence in new opportunities and discovery expectations has increased. Several exploration wells are already planned in the Barents Sea. This round will help maintain the level of activity in the southern part of the Barents Sea, as well as clarify the resource potential”, says Eriksen.
This round announced 86 blocks or parts of blocks, of which 14 are in the Norwegian Sea and 72 in the Barents Sea.
These 36 companies have applied for production licences, individually or in groups:
Atlantic Petroleum AS, AS Norske Shell, Bayerngas Norge AS, BG Norge AS, BP Norge AS, Centrica Resources Norge AS, Concedo ASA, ConocoPhillips Skandinavia AS, Dana Petroleum Norway AS, Det norske oljeselskap ASA, Dong E&P Norge AS, E.ON E&P Norge AS, Edison International SpA, Eni Norge AS, Faroe Petroleum Norge AS, GDF SUEZ E&P Norge AS, Idemitsu Petroleum Norge AS, Lukoil Oil Company, Lundin Norway AS, Maersk Oil Norway AS, Moeco Oil & Gas Norge AS, North Energy ASA, OMV Norge AS, PGNiG Norway AS, Repsol Exploration Norge AS, Rocksource ASA, RN Nordic Oil AS, RWE Dea Norge AS, Skagen44 AS, Spring Energy Norway AS, Statoil Petroleum AS, Suncor Energy Norge AS, Total E&P Norge AS, Tullow Oil, Valiant Petroleum og Wintershall Norge ASA.
This gives us a broad player picture; here are large, middle-sized and small companies, including gas companies and new companies.
“It’s exciting that new companies want to enter the Norwegian shelf. The Norwegian authorities facilitate the establishment of new players, because we believe that this can contribute to increased value creation”, says Eriksen.
“This marks the start of the process to evaluate the applications. The Norwegian Petroleum Directorate (NPD) aims to find the best strategy for exploring the areas, and is therefore looking for companies with the best knowledge and best applications”, says Eriksen.
“Companies which are awarded production licences must have technical expertise and sound geological understanding. Financial strength and experience is also emphasised.”
“As regards group applications, we look at the group composition, recommended operator and shared expertise.”
The blocks come with fishery and environmental terms. The NPD has itself mapped all the announced blocks.
The Ministry of Petroleum and Energy aims to award new production licences in the 22nd licencing round before the summer of 2013.
Applications in previous rounds
17th licencing round: 13 companies
18th licencing round: 18 companies
19th licencing round: 24 companies
20th licencing round: 46 companies
21st licencing round: 37 companies
Contact in the NPD
Eldbjørg Vaage Melberg, tel. +47 51 87 61 00