Offshore Energy Today

Norway: 33 oil firms apply for APA offshore acreage

Thirty-three oil companies, including ConocoPhillips, Repsol, Aker BP, Total, and Equinor, have applied for offshore acreage on the Norwegian Shelf, offered as part of the Awards in Predefined Areas (APA) 2019.

The Norwegian APA rounds offer the best known areas on the Norwegian Shelf, with APA-area expanding as knowledge about the geology in areas on the NCS increases.

Norwegian Minister of Petroleum and Energy, Kjell Børge Freiberg said the number of the companies which applied showed that there is a high interest from the companies and that they want to contribute to long-term value creation on the Norwegian Continental Shelf.

“Identifying more resources through exploration is vital for Norwegian employment, future value-creation and our welfare state,” he said.

According to the Norwegian Petroleum Directorate, interest in the Norwegian Sea and the Barents Sea is comparable to APA 2018, while there is a small decline in the North Sea.

“A great deal of acreage has been awarded over the last two years, particularly in the North Sea. That makes it particularly gratifying to see the continued strong interest in new exploration acreage,” says exploration director in the Norwegian Petroleum Directorate, Torgeir Stordal.

He said: “The APA area was further expanded prior to this year’s round. We are pleased to see many applications in the expanded area.”

The NPD will now start the work of evaluating the applications with focus on geological understanding and plans for exploration of the areas. When production licenses are awarded, the emphasis is also placed on the companies’ technical expertise and experience, as well as financial strength. The authorities will announce which companies will be offered ownership interests in APA 2019 early in 2020..

Below is the list of companies which have applied for acreage in this year’s APA round.

 

 

The companies that have applied are: 

  • Aker BP ASA
  • A/S Norske Shell
  • Capricorn Norge AS
  • Chrysaor Norge AS
  • Concedo ASA
  • ConocoPhillips Skandinavia AS
  • DEA Norge AS
  • DNO Norge AS
  • Edison Norge AS
  • Equinor Energy AS
  • Idemitsu Petroleum Norge AS
  • Ineos E&P Norge AS
  • Lime Petroleum AS
  • Lotos Exploration & Production Norge AS
  • LUKOIL Overseas North Shelf AS
  • Lundin Norway AS
  • M Vest Energy AS
  • Neptune Energy Norge AS
  • OKEA AS
  • OMV (Norge) AS
  • ONE Dyas Norge AS
  • Pandion Energy AS
  • Petrolia NOCO AS
  • PGNiG Upstream Norway AS
  • Repsol Norge AS
  • RN Nordic Oil AS
  • Source Energy AS
  • Spirit Energy Norge AS
  • Suncor Energy Norge AS
  • Total E&P Norge AS
  • Vår Energi AS
  • Wellesley Petroleum AS
  • Wintershall Norge AS

 

Share this article

Follow Offshore Energy Today

Posted on September 4, 2019 with tags , .

Events>

<< Aug 2019 >>
MTWTFSS
29 30 31 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31 1

Executive Oil Conference & Expo 2019

Executive Oil Conference and Exhibition is a unique opportunity to meet with all of the region’s…

read more >

Oil & Gas Vietnam 2019

Oil & Gas Vietnam (OGAV) 2019 is the only specialized oil & gas event in Vietnam that brings together an international congregation of both upstream and downstream oil and gas companies and also its supporting industries gathered in the heart of Vietnam’s oil and gas industry in Vung Tau, to showcase the latest developments in the oil and gas industry.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply