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Lukoil Awarded Two Licenses in Norway Sector of Barents Sea

Based on the results of the 22nd licensing round conducted by the Norwegian Ministry of Oil and Energy, LUKOIL was awarded two licenses in the Norwegian sector of the Barents Sea.   At block 719 (Fingerdjupet Region) LUKOIL holds a 30-percent interest, Britain’s Centrica (operator) – 50% and Norway’s North Energy – 20%. …

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Rosneft Enters Norwegian Continental Shelf in the Barents Sea Following Results of 22nd Licensing Round

Following the results of the 22nd Licensing Round announced by the Norwegian Ministry of Petroleum and Energy, RN Nordic Oil AS, a 100% indirect subsidiary of Rosneft, has been granted the award of a 20% participating interest in the license PL713 covering the area of 1,213 sq. km. License PL713 …

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