trending Market Intelligence /marketintelligence/en/news-insights/trending/VfAns5j7HuXHYmzAlhoi1w2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Norway awards 69 oil, gas production licenses to 28 companies

Q2: U.S. Solar and Wind Power by the Numbers

Essential Energy Insights - September 17, 2020

Essential Energy Insights September 2020

Rate case activity slips, COVID-19 proceedings remain at the forefront in August

Norway awards 69 oil, gas production licenses to 28 companies

Norway offered 28 companies ownership interests in 69 petroleum production licenses on the Norwegian Continental Shelf in its 2019 licensing round, according to a Jan. 14 news release from the Norwegian Petroleum Directorate.

Of the blocks, 13 are in the Barents Sea, 23 in the Norwegian Sea and 33 in the North Sea, the regulatory agency said in the release, and 18 of the production licenses are additional acreage to existing production licenses or agreement-based areas.

Norway's Equinor ASA said, in a separate Jan. 14 news release, that it was awarded 14 blocks that Equinor will operate and nine blocks that will be operated by a partner. Eni SpA subsidiary Vår Energi AS said in its Jan. 14 news release that it was granted 17 licenses and will operate seven. Aker BP ASA said Jan. 14 that it was offered interests in 15 licenses and will operate nine of those. Lundin Petroleum AB (publ) disclosed Jan. 14 that its subsidiary Lundin Norway AS bagged 12 licenses, with seven to be operated by the company.

Reuters reported Jan. 14 that Royal Dutch Shell PLC, TOTAL SA and ConocoPhillips Co. also won blocks but did not disclose the number of licenses awarded. The report also said that Chrysaor Holdings Ltd. and Neptune Energy Ltd. received stakes in eight and 13 blocks, respectively.

The Norwegian Petroleum Directorate said it received applications from 33 companies for the licensing round, known as Awards in Predefined Areas, which it said is designed to focus on already explored and established oil and gas producing areas and to encourage companies to test new ideas. The agency said on its website that the number of applications demonstrated companies' continued interest in the Norwegian Continental Shelf.