Statoil seeking new acreage on the Norwegian Continental Shelf

Statoil has delivered its application for the 23rd licensing round on the Norwegian continental shelf to the Norwegian authorities. It is expected that the Ministry of Petroleum and Energy will announce the awards late first half of 2016. The round represents the first opening of new acreage on the Norwegian continental shelf (NCS) since 1994. Statoil’s application aims to significantly contribute to the company’s ambition for 2030 and beyond.