EnergyWatch

Norway issues long row of new oil licenses

Equinor is the big winner in the latest public tender round for oil exploration licenses on the Norwegian continental shelf.

Photo: Per Folkver/Politiken/Ritzau Scanpix

Companies interested in exploring for oil in Norway's underground found themselves fortunate Tuesday.

Norway's Ministry of Petroleum and Energy has, as expected, allocated new oil exploration licenses for the Norwegian undergrund. Altogether, 69 new licenses came out of this round.

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