Norway s Ministry of Petroleum and Energy sends proposal to announce APA 2021 for public consultation
25 Feb 2021 APA 2021 (Award in Pre-defined Areas) for public consultation.
The proposal entails that a further 84 new blocks are included in the APA area. Four are located in the North Sea, 10 in the Norwegian Sea and 70 in the Barents Sea. Predictable access to new exploration area is crucial for further development of the petroleum industry. It enables us to maintain activity and value creation on the Norwegian shelf and in the supplier industry. The APA rounds cover most of the open, accessible areas on the continental shelf. They are central to an exploration policy that creates great value for the community. The proposed call for this year s APA round paves the way for new discoveries in the years ahead,
26 February 2021 1:41 GMT Updated 26 February 2021 1:41 GMT in Singapore
Seven companies have applied for production licences in Norway’s 25th licensing round that comprised 136 blocks or parts of blocks – 125 in the Barents Sea and 11 in the Norwegian Sea.
The septet of bidders which applied either solely or in consortia are Equinor, Shell, Lundin, OMV, Idemitsu Petroleum, Var Energi and Ineos.
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“In this round, the announced blocks are mostly in frontier areas. We see that large and medium-sized companies with good technical and financial capacity to conduct exploration in such areas have applied,” said Torgeir Stordal, director of technology and coexistence in the Norwegian Petroleum Directorate.
AGR will act as technical advisors to Gassnova by offering technical expertise across geoscience, reservoir, drilling and well engineering disciplines in addition to facilities and cost engineering to enable cost efficient and progressive solution for the capture and storage of CO2.
The Norwegian Ministry of Petroleum and Energy has approved a revised plan for development and operation for partial electrification of the Sleipner field center.
The Norwegian Ministry of Petroleum and Energy has approved a revised plan for development and operation (PDO) for partial electrification of the Sleipner field center, Equinor (NYSE: EQNR) has revealed.
The revised PDO was submitted to the authorities by Equinor - and its partners Vår Energi, LOTOS and KUFPEC - back in June last year. Sleipner is scheduled to be tied in to the Utsira High area solution by the end of 2022.
“Partial electrification of the Sleipner field center will contribute to major cuts in emissions from our activities and provide significant assignments for the supplier industry in a demanding time,” Arne Sigve Nylund, the executive vice president for technology, projects, and drilling at Equinor, said in a company statement.