Norway offers Arctic exploration blocks in 2021 licensing round

Norway offers Arctic exploration blocks in 2021 licensing round
  • Country:
  • Norway

Norway on Thursday launched a consultation on a 2021 licensing round in mature areas in which it offered new blocks for petroleum exploration in the Arctic Barents Sea.

The maps attached to a statement by the oil and energy ministry showed new blocks offered south east off Bear Island, roughly half way between the Arctic Svalbard Archipelago and mainland Europe.

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