abce certificate
New Articles
Wednesday, 07 January, 2009, 22:40 GMT | more >>

Oslo boosts APA bounty



By Upstream staff 

Norway has offered 22 companies interests in 10 new oil and gas licences in mature areas of the Norwegian continental shelf, expanding its earlier announced 2006 awards in predefined areas (APA) round, energy officials said today.

In total Norway will offer companies stakes in 58 production licences, instead of 48 as announced in January, the Petroleum & Energy Ministry said in a statement.

Six of the new licences are in the North Sea, two in the Norwegian Sea and two in the Barents Sea, the ministry said.

Mature area licensing rounds, also called awards in predefined areas (APA), are held yearly under a system introduced by Norway in 2003 to boost activity on the shelf.

The ministry said it was offering operatorships to seven companies, Norway's Statoil, Norsk Hydro and DNO, Austria's OMV, Petro-Canada , Germany's Wintershall and Nexen.


Thursday, 31 May, 2007, 13:11 GMT  | last updated: Thursday, 31 May, 2007, 13:11 GMT

e-mail this article to a colleague


to email:  from:
comments: