Offshore staff
OSLO, Norway – Norway’s Ministry of Petroleum and Energy has unveiled its APA 2012 licensing round.
This year’s predefined areas have been extended to include 48 more blocks and parts of blocks. These comprise two in the North Sea, 13 in the Norwegian Sea, and 33 in the Barents Sea.
The application deadline is midday on Sept. 6, with awards set to be issued during 1Q 2013.
Petroleum and Energy Minister Ola Borten Moe said: “Awards in pre-defined areas (APA) is an important tool in managing the petroleum resources on the Norwegian shelf and they are also a key instrument in our strategy for the mature areas.
“Small discoveries can be tied in to existing infrastructure and there may also be a potential for independent developments. The result is extended lifetimes for existing infrastructure and production from new discoveries…”
“Decisions in the management plans have formed the basis for this year’s APA expansion,” he added. “In the Barents Sea, it provides the opportunity for further exploration around Goliat and Snøhvit, while the expansion in the North Sea provides new, interesting blocks near Gjøa.”
3/30/2012
