EnergyWatch

Norway grants 83 new extraction licenses

83 new extraction licenses on the Norwegian Continental Shelf are offered to 33 different oil companies – the highest number to date in one allocation round.

Norway is offering a record-high number of extraction licenses on the Norwegian Continental Shelf. The Norwegian Ministry of Petroleum and Energy is offering a total of 83 new licenses under the so-called TSO 2018 ordinance.

37 licenses apply to the North Sea, 32 to the Norwegian Sea and 14 to the Barents Sea – the highest number of licenses ever allocated for the Norwegian shelf.

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