Historical archive

North Sea Awards 2000 - Awards of new licenses

Historical archive

Published under: Stoltenberg's 1st Government

Publisher: Ministry of Petroleum and Energy

Press release

No.: 35/01
Date: 22.03.2001

Contact: Sissel Edvardsen, + 47 22 24 61 09

North Sea Awards 2000 - Awards of new licenses

In connection with the North Sea Awards 2000, 11 companies have received offers to explore for and produce petroleum in the North Sea. The companies will in total be awarded licenses in 15 blocks or parts of blocks.

-The North Sea Awards 2000 is important for the long term resource management on the Norwegian Continental Shelf. Carrying out this Round will contribute to increased exploration activity, and may in the longer term give new fields developments. This will even out the activity level and contribute to securing the level of employment in the industry, says Olav Akselsen, Minister of Petroleum and Energy.

North Sea Awards 2000 was announced in September 2000, with a deadline for the submission of applications on 14 December 2000.

The following companies have received offers of operatorships in new areas, number in paranthesis:

Conoco (1), Enterprise (1), Phillips (1), RWE-DEA (1) og Statoil (1).

The following companies have received offers for participation:

Agip, Aker Maritime, Chevron, Enterprise, EssoMobil, Fortum, Norsk Hydro and RWE-DEA.

In addition SDFI (the state's direct financial interest) has a 30 % share in one license.

North Sea Awards 2000

Blocks or parts of blocks

Company

Share (%)

SDFI (%)

16/2,3

Statoil (operator)
EssoMobil
Enterprise

30,00
25,00
15,00

30,00

26/1,2,4,5,7 og 8
31/10,11

Enterprise (operator)
Norsk Hydro
RWE-DEA

40,00
30,00
30,00

34/5,6 og 9 (part)

Conoco (operator)
Chevron
Fortum

40,00
30,00
30,00

35/1

Phillips (operator)
Enterprise
Agip

40,00
30,00
30,00

35/3

RWE-DEA (operator)
Aker Maritime

51,00
49,00

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