Two years ago, the country had six active licences with players including ExxonMobil, Statoil, OMV, Dong Energy and Atlantic Petroleum. Now they have all been relinquished, after Dong Energy handed back its last licence this June. BP, Eni and Chevron left several years ago.
"There is not a lack of interest, but at the moment the industry is nervous and holding back on investments," Poul Michelsen, the country's minister of foreign affairs and trade, told Upstream on the sidelines of the ONS conference in Stavanger.
"We
