Norway’s latest oil and gas exploration round has attracted significant interest from the industry, with 20 firms submitting bids to secure new offshore licenses. The announcement underscores the continued appetite for exploration in the North Sea and Norwegian Sea regions, despite global energy market uncertainties. Offshore Engineer Magazine provides an in-depth look at the companies vying for a stake in Norway’s hydrocarbon potential and the strategic implications for the country’s energy landscape.
Norway Sees Strong Interest as 20 Companies Submit Bids in Oil and Gas Exploration Round
The latest oil and gas exploration round in Norway has garnered significant attention from the industry, with 20 companies submitting bids for various offshore blocks. This reflects the ongoing confidence in Norway’s hydrocarbon potential despite the global energy transition challenges. Notably, both established oil majors and emerging players have expressed interest, aiming to…
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Author : Samuel Brown
Publish date : 2025-09-05 04:26:00
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