The 25th licensing round on the Norwegian Continental Shelf, comprising eight areas in the Barents Sea and one in the Norwegian Sea, has been announced by the Norwegian Ministry of Petroleum and Energy.
Known for being a country with some of the greenest credentials and policies in the world, Norway surprised observers in June by announcing plans for a licensing round that signaled further oil exploration in the Norwegian sector of the Arctic Sea.
In this round, 136 blocks/parts of blocks will be available: 11 in the Norwegian Sea and 125 in the Barents Sea.
The application deadline for companies is 23 February 2021. New production licenses will be awarded in Q2 2021.
A complete announcement is available on this website https://www.npd.no/en/facts/production-licences/licensing-rounds/25th-round/