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Norway plans to expand Arctic oil and gas drilling in new licensing round

By Terje Solsvik OSLO, March 17 (Reuters) - Norway will offer new licenses to drill for oil and gas in its oceans, including previously unexplored acreage in the Arctic, the government said on Thursday, welcome news to Western nations keen to reduce their dependence on Russia. "Access to new, attractive exploration acreage is a pillar in the govern
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Norway announces new oil and gas licensing round in mature areas

OSLO, March 17 (Reuters) - Norway offered new licenses to explore for oil and gas in mature areas of its oceans on Thursday, the government said, part of a plan to extend the country's production of hydrocarbons for decades to come. "New discoveries are crucial for ensuring jobs, value creation and production," Minister of Energy and Petroleum Terj
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Norway awards 53 new petroleum production licences

OSLO, Jan 18 (Reuters) - Norway awarded 53 new petroleum production licences on the Norwegian continental shelf in the latest licensing round for mature areas, the oil and energy ministry said on Tuesday. Stakes were offered to 28 oil companies in the so-called APA 2021 round offering offshore licences for exploring and producing petroleum, includi
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Norway oil and gas output to rise 9% by 2024, regulator says

By Nerijus Adomaitis OSLO, Jan 13 (Reuters) - Norway is set to boost its petroleum output by more than 9% by 2024 buoyed by a jump in investment in the country's biggest export sector, data from the Norwegian Petroleum Directorate (NPD) showed on Thursday. Norway expects oil companies to submit "dozens" of new investment plans this year, up from ei
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Norway oil and gas output to rise 9% by 2024, regulator says

OSLO, Jan 13 (Reuters) - Norway's total petroleum output is expected to grow over the next three years as oil and gas output expand, the Norwegian Petroleum Directorate said on Thursday. The combined volume is expected to rise to 4.33 million barrels of oil equivalent in 2024, a rise of 9.1% from the preliminary 2021 reading of 3.97 million barrels
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