Norway offers 60 oil production licences

AFP - [email protected] • 18 Jan, 2012 Updated Wed 18 Jan 2012 08:46 CEST

Norway's government offered on Tuesday 60 new oil and gas production licences to 42 energy companies in what it described as its biggest licensing round ever.

This "is the most extensive licensing round ever undertaken on the Norwegian continental shelf, in terms of both the number of companies and the number of production licences awarded," Petroleum and Energy Minister Ola Borten Moe said in a statement.

The government said 34 licences were offered in North Sea, 22 in the Norwegian Sea and four in the Barents Sea.

Among the 42 companies offered new licences on Tuesday was Norway's state-owned energy giant Statoil, which was given participation in 11 licences, including eight operatorships.

French companies GDF Suez and Total, US companies ExxonMobil and ConocoPhillips, Italian Eni, Japanese Idemitsu, Swedish Lundin and German companies EON and RWE also figured on the list.



AFP 2012/01/18 08:46

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