The Norwegian oil and energy ministry has received applications from 33 companies for oil and gas licenses in so-called mature offshore areas, it said on Sept. 25.
The number of applications was the same as for last year’s round. The ministry said it aimed to award licenses in early 2021.
In June, the ministry decided to offer 36 news blocks in the western part of the Norwegian Sea, close to areas that have been previously explored.
The ministry said companies expressed interest both in newly offered and previously added blocks.
Companies included international oil majors ConocoPhillips , Shell and Total, as well as Norway's Equinor, and independents such as Aker BP and Lundin, it added.
Recommended Reading
Crescent Energy Appoints Former Pioneer Exec Joey Hall as COO
2025-05-19 - Crescent Energy has chosen Joey Hall, who most recently served as executive vice president of operations at Pioneer Natural Resources and oversaw the Permian Basin and Eagle Ford Shale, as its new COO.
Kinetik Chief Strategy Officer to Retire in June
2025-05-01 - Kinetik Holdings Chief Strategy Officer Anne Psencik will continue as in a consulting role after her retirement at the end of June.
Dividends Declared in the Months of May, June 2025
2025-06-27 - As companies gear up to report on second-quarter earnings, here is a compilation of dividends declared in the months of May and June from select upstream, midstream and service and supply companies.
E&P Pricing Models Factor in Volatility, Says BOK Expert
2025-07-10 - Integrating global volatility into pricing models means cleaner balance sheets with improved leverage and room to deploy capital creatively, says BOK Financial’s Mari Salazar.
Berry Corp. Ups Hedge Book During Oil Market Volatility
2025-04-23 - California and Uinta producer Berry Corp. announced steps to strengthen its hedge book and liquidity during a period of market volatility.