January 16, 2018 / 1:52 PM / 8 months ago

Norway awards 75 oil exploration licenses in 2017 APA round

SANDEFJORD, Norway, Jan 16 (Reuters) - Norway’s energy ministry has awarded 75 offshore exploration blocks to oil companies in a so-called predefined areas (APA) licensing round, handing out acreage to 34 firms, of which 19 got at least one operatorship, it said on Tuesday.

A total of 39 firms had applied for the offered acreage, up from 33 companies that applied in the previous round a year ago, when the ministry awarded 56 exploration licenses. (Reporting by Nerijus Adomaitis and Joachim Dagenborg, editing by Terje Solsvik)

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