Aker BP Bags 21 in Norwegian Licensing Round

Laxman Pai
Tuesday, January 15, 2019

The oil exploration and development company focusing petroleum resources on the Norwegian Continental Shelf Aker BP has been offered interests in 21 new production licenses in Norway, of which 11 as operator, through the Awards in pre-defined areas (APA 2018) licensing round.

Of the 21 production licenses awarded to Aker BP, 12 are located in the North Sea (5 as operator), 3 in the Norwegian Sea (2 as operator) and 6 in the Barents Sea (4 as operator).

"We are excited about the opportunities in the licenses that Aker BP has been awarded today," said Evy Glørstad-Clark, Senior Vice President Exploration in Aker BP.

The APA 2018 awards were announced by the Ministry of Petroleum and Energy on Tuesday 15 January 2019. In total, 83 licenses were offered to a total of 33 companies.

"These awards increase Aker BP's footprint in areas close to our operated hubs. We have also identified new potential growth opportunities in some of the licenses awarded today. Combined with creativity, a highly skilled exploration team and the adoption of new technologies, these awards will enable us to explore new potential core areas for Aker BP," added Glørstad-Clark.

Categories: Offshore Energy Drilling Europe Well Operations Regulation

Related Stories

Shell Hires Noble’s Drillship for Work in Southeast Asia

SLB Names Raman CSO, CMO

Eco Wave Finds Partner for Wave Energy Project in India

Initial Drilling Results Raise Questions on South Korea’s Offshore Gas Viability

EnQuest to Acquire Harbour Energy's Vietnamese Assets

Saipem’s Castorone Vessel on Its Way to Türkiye’s Largest Gas Field

Sunda Energy Closing in on Jack-Up Deal for Chuditch-2 Appraisal Well

OPEC+ Passes on Oil Output Increase, Weighs the "Trump Effect"

Keppel Reclaiming Control of 13 Rigs to Cash In on Offshore Drilling Market's Growth

Global OTEC Presents OTEC Power Module for Remote Offshore Platforms

Current News

Argentina YPF to Shed Offshore Exploration Projects

Cairn India Might Invest in US Oil Servicing Firms to Increase Production

All Gas from Conrad’s Mako Field to be Sold to Indonesia’s PLN

ORE Catapult and Japan’s FLOWRA to Jointly Advance Floating Wind

Shell Hires Noble’s Drillship for Work in Southeast Asia

Second Hai Long Substation Heads to Project Site Offshore Taiwan

Shell Launches Next Phase of Malaysia's Deepwater Project with First Oil Production

CNOOC Discovers ‘Vast Exploration Prospects’ in China’s Beibu Gulf Basin

China Unveils Plans for New Offshore Wind Farms to Tackle Carbon Emissions

Japan and South Korea Look to Partner Up with US for Alaska Pipeline

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com