Norway awards licenses

Statoil, Hydro, Shell, Eni, BG, Gaz de France and ChevronTexaco were among 16 companies offered participation in production licenses in Norway’s 18th licensing round, the Norwegian oil ministry has announced. “This licensing round is comprehensive both in the North Sea and the Norwegian Sea, and includes frontier acreage with a high potential in addition to more explored areas with lower risks,” Norway’s Minister of Petroleum and Energy Einar Steensnaes said in a statement accompanying the results. The awards also offered “an interesting mix of large established companies and smaller, relatively new actors,” Steensnaes said. The following companies have been offered participation in production licenses (numbers in parenthesis): Statoil (9), Hydro (4), Shell (4), Eni (4), BG (2), Gaz de France (2), ChevronTexaco (2), RWE Dea (2), Pertra (2), Dong (1), Amerada Hess (1), Paladin (1), Esso (1), Total (1), Idemitsu (1) and Revus (1).

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