Aker BP Awarded 21 Licenses in APA 2018

Source: www.gulfoilandgas.com 1/15/2019, Location: Europe

Aker BP has been offered interests in 21 new production licenses in Norway, of which 11 as operator, through the Awards in pre-defined areas (APA 2018) licensing round.

'We are excited about the opportunities in the licenses that Aker BP has been awarded today,'says Evy Gl?rstad-Clark, Senior Vice President Exploration in Aker BP.

'These awards increase Aker BP’s footprint in areas close to our operated hubs. We have also identified new potential growth opportunities in some of the licenses awarded today. Combined with creativity, a highly skilled exploration team and the adoption of new technologies, these awards will enable us to explore new potential core areas for Aker BP,' says Gl?rstad-Clark.

Of the 21 production licenses awarded to Aker BP, 12 are located in the North Sea (5 as operator), 3 in the Norwegian Sea (2 as operator) and 6 in the Barents Sea (4 as operator).

The APA 2018 awards were announced by the Ministry of Petroleum and Energy on Tuesday 15 January 2019. In total, 83 licenses were offered to a total of 33 companies.


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Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 


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