Europe’s Russian LNG Dilemma Deepens as Shadow Fleet Risks Mount in the Arctic
As the European Union tightens sanctions on Moscow, Russia’s Arctic energy exports continue to find buyers—and increasingly rely on opaque and potent...
News
Norway receiving applications for continental shelf development
Publish date: February 24, 2005
Shortcuts on this page
News
Norway receiving applications for continental shelf development
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
Bellona Raises NOK 13 Million, Avoids Bankruptcy
A fundraising campaign launched by the Bellona Foundation has succeeded in securing the organization’s future and averting bankruptcy. ̶...
Below the waterline, there’s an elegant climate solution
The shipping industry has a harmful secret—hiding just beneath the waterline. Barnacles, algae and microbial slime covering ship hulls may seem like ...
Why Bellona Matters
Last night, a Russian drone struck a spent nuclear fuel storage facility at Chernobyl. It is precisely this kind of event that Bellona has spent near...