Norway Opens Swath of Barents Sea Acreage to Licensing
Additional acreage in the North and Norwegian seas are also available in the 2021 round.
February 25, 2021
Awards for the newly announced Norwegian licensing round are planned for early 2022.
Norway launched a consultation on a 2021 licensing round in mature areas in which it offered 84 new blocks for oil and gas exploration, including 70 in the Arctic Barents Sea.
New blocks being offered are located southeast of Bear Island, roughly halfway between the Arctic Svalbard Archipelago and mainland Europe.
Four new blocks are offered in the North Sea and 10 in the Norwegian Sea, the Norwegian ministry added in a statement.