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Lundin and Wintershall emerge victorious from Norwegian licensing round

Norway's government awarded 61 licenses to 30 oil companies on Tuesday. A long list of licenses were awarded to companies including Lundin and Wintershall.

Photo: Lundin Energy Norway

On Tuesday, Norway's Minister of Petroleum and Energy Tina Bru awarded 61 licenses to 30 oil companies on the Norwegian continental shelf in predetermined zones.

"The licensing rounds constitute a basic pillar in our petroleum policy. The APA-rounds now include the majority of available exploration acreage on the Norwegian Continental Shelf (NCS). Exploration providing additional discoveries is vital in order to maintain a high level of activity, employment and revenue over time from Norway's largest industry," says Bru.

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