Norway slashes fresh blocks for APA round as oil companies chop capex in market crunch

Energy Ministry issues consultation for only 36 tracts as offering reduced by about two-thirds from last year's licensing exercise

Reduced blocks offering: Petroleum & Energy Minister Tina Bru
Reduced blocks offering: Petroleum & Energy Minister Tina BruPhoto: NTB/SCANPIX
Published 30 March 2020, 09:28Updated 1 April 2020, 07:25