News

Norway receiving applications for continental shelf development

Publish date: February 24, 2005

Ministry of oil and energy is receiving applications from the oil companies for participation in the 19th round on oil licenses distribution on the continental shelf in the Norwegian and the Barents seas.

The Ministry has already received 19 applications from Amerada Hess, BG, BP, ChevronTexaco, ConocoPhillips, DNO, ENI, Gaz de France, Hydro, Idemitsu, Lundin, Marathon, RWE Dea, Shell, Statoil, Svenska, Talisman, Total and Wintershall. 14 companies participated in the previous round. Each company may apply for operation in 15 free segments of the continental shelf. The Ministry will compare competitors’ offers and make decisions about licensing after receiving all the applications. Specialists predict a competition, as there are already two and more claims for 61 segments, “RusEnergy” informs.


Companies will be licensed in the first quarter 2006.

More News

All news

The role of CCS in Germany’s climate toolbox: Bellona Deutschland’s statement in the Association Hearing

After years of inaction, Germany is working on its Carbon Management Strategy to resolve how CCS can play a role in climate action in industry. At the end of February, the Federal Ministry for Economic Affairs and Climate Action published first key points and a proposal to amend the law Kohlenstoffdioxid Speicherungsgesetz (KSpG). Bellona Deutschland, who was actively involved in the previous stakeholder dialogue submitted a statement in the association hearing.

Project LNG 2.

Bellona’s new working paper analyzes Russia’s big LNG ambitions the Arctic

In the midst of a global discussion on whether natural gas should be used as a transitional fuel and whether emissions from its extraction, production, transport and use are significantly less than those from other fossil fuels, Russia has developed ambitious plans to increase its own production of liquified natural gas (LNG) in the Arctic – a region with 75% of proven gas reserves in Russia – to raise its share in the international gas trade.