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Awards in the 19th Licensing Round.

Publication: M2 Presswire
Publication Date: 31-MAR-06
Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-31 March 2006-Norwegian Government: Awards in the 19th Licensing Round(C)1994-2006 M2 COMMUNICATIONS LTD

RDATE:31032006

The Norwegian Minister of Petroleum and Energy is today awarding new production licenses for the 19th licensing round on the Norwegian continental shelf. 17 companies will receive offers to participate in 13 new production licenses. The companies will be offered participation in a total of 33 blocks or parts of blocks.

- The main focus of the 19th licensing round has been on the Barents Sea. The awards today represent an important step on the way for long-term exploration in this area. We have seen an increased interest in the Northern areas over the last few years. Combined with the awards in the 19th licensing round and the...

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