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Norway Offers 92 Blocks In APA Licensing Round

OIL

Norway will offer up to 92 new blocks for oil and gas exploration in the Norwegian Sea and Arctic Barents Sea as part of its new mature areas licensing round according to a proposal from the energy ministry.

  • The deadline for application is set for 3Q23 and awards will be announced in January 2024.
  • Last year, the government added only 28 blocks to the APA licensing round.

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