Listhaug awards 69 new oil licenses

Oil and Energy Minister Sylvi Listhaug ( Progress Party )Oil and Energy Minister Sylvi Listhaug( Progress Party ).Photo: Håkon Mosvold Larsen / NTB scanpix

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Oil and Energy Minister Sylvi Listhaug (Frp) offers 28 companies an offer of ownership interests in 69 new exploration licenses on the Norwegian continental shelf.

The new Minister of Petroleum and Energy announced the so-called APA awards at the Oil Industry Policy Seminar in Sandefjord, as her predecessors have traditionally done.

In all, 28 companies are offered ownership interests in 69 licenses. Of these, 13 are licenses in the Barents Sea.

Industry expectations were announced in advance of the conference.

New area

– “APA is exceptionally important because it is in this way that one gets access to a new area for its company,” industrial policy director Tommy Hansen in Norwegian Oil and Gas told NTB.

APA stands for allocation in predefined areas. Hansen describes it as a “recycling” of areas already open for oil and gas operations. The advertised blocks are located in areas close to planned and existing infrastructure, and are well known after several years of exploration.

Overriding advice
The environmental movement, on the other hand, is not satisfied.

“The Amazon burns, Australia burns, Jølster rages, the storms rage, we are well into the climate crisis, but time and time again the government passes environmental advice and issues new oil licenses,” said Therese Hugstmyr Woie, newly elected leader in Nature and Youth, in a press release.

© NTB Scanpix / #Norway Today

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