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North Sea attracts global interest. In the UK, latest offshore and onshore licensing rounds proved a success. Responses to the 22nd Offshore and 12th Onshore Rounds show there is still a great deal of international interest in opportunities afforded in the UK for oil/gas exploration/recovery.
In addition to the Traditional licenses and the recently introduced Promote licenses, the 22nd Round saw introduction of the innovative Frontier license, designed to spark interest in the newly offered blocks to the North and West of the Shetlands. All three licenses generated an encouraging amount of interest.
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