Thu, 19th Nov 2020 11:18
OSLO, Nov 19 (Reuters) - Norway will offer oil firms 136 new
offshore exploration blocks in a new frontier area licensing
round in the Norwegian Sea and the Barents Sea, the Ministry of
Petroleum and Energy and the Petroleum Directorate (NPD) said on
Thursday.
The government had previously indicated that it could offer
up to 136 blocks, including 125 in the Barents Sea, in a major
expansion of oil exploration in the Arctic.
(Reporting by Nerijus Adomaitis, editing by Terje Solsvik)
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