Norway Expands Arctic Acreage for Oil and Gas Drilling in Mature Areas ...Middle East

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Norway Expands Arctic Acreage for Oil and Gas Drilling in Mature Areas
Norway is expanding the acreage in the Barents Sea and the Norwegian Sea, for which companies vying for licenses in mature areas can bid this year, the energy ministry of Western Europe’s largest oil and gas producer said on Wednesday.       Following the ministry’s announcement, the annual rounds of awards in predefined areas (APA), which give oil companies the opportunity to gain access to attractive acreage in the mature areas of the Norwegian shelf, will include a further 37 blocks—three…

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