World of oil and gas ///

Norway’s Ministry of Petroleum and Energy has announced this year’s licensing round for the geologically well-known areas on the Norwegian Continental Shelf—Awards in Predefined Areas (APA) 2015. The objective is to award new production licenses in these areas at the beginning of 2016; the application deadline is Sept. 2. “History has shown us that the APA-rounds have been very important for value-creation and for the activity level on the Norwegian Continental Shelf,” said Minister of Petroleum and Energy Tord Lien. In APA 2015, there is an expansion of the predefined area by 35 blocks in the Norwegian Sea, including blocks close to Aasta Hansteen field, and the Pil and Bue discoveries at Haltenbanken. In the Barents Sea, the area has been expanded, with 11 blocks close to the Alta and Gohta-discoveries.

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