Norway presents 24 players with 62 oil & gas licenses amid 'great interest'
Norway's Ministry of Petroleum and Energy has offered 62 production licenses to 24 companies for further exploration activity on the NCS.
Stay updated with breaking news from Nick Walker. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Norway's Ministry of Petroleum and Energy has offered 62 production licenses to 24 companies for further exploration activity on the NCS.
Norway awarded 62 licenses for exploration acreage in the seas off its coast as Europe’s biggest supplier of natural gas strives to maintain production.
Norwegian oil companies will ramp up exploration for natural gas in the Barents Sea in the next three years, industry executives told Reuters, showing renewed interest in the remote Arctic...
Oil and gas companies have set their sights on the Norway’s Arctic Barents Sea as they attempt to unlock new natural gas supply.
Sixteen of the new awards from the Norwegian Offshore Directorate add acreage to existing production licenses.