Norwegian petroleum licensing rounds

E129506

Norwegian petroleum licensing rounds are the formal processes through which Norway awards exploration and production rights for oil and gas on its continental shelf.

All labels observed (1)

Label Occurrences
Norwegian petroleum licensing rounds canonical 1

How this entity was disambiguated

Statements (49)

Predicate Object
instanceOf hydrocarbon exploration licensing round ⓘ
petroleum licensing system ⓘ
abbreviation APA ⓘ
administeredBy Norwegian Ministry of Petroleum and Energy ⓘ
APACharacteristics covers mature areas with predefined blocks ⓘ
APAIntroduced 2003 ⓘ
appliesTo Norwegian continental shelf ⓘ
associatedWith Norwegian state participation through Petoro ⓘ
state direct financial interest ⓘ
country Norway ⓘ
firstLicensingRound 1965 Norwegian licensing round ⓘ
focusesOn Barents Sea ⓘ
North Sea ⓘ
Norwegian Sea ⓘ
offshore areas ⓘ
frequency regularly recurring ⓘ
governedBy Norwegian petroleum policy ⓘ
impact development of Norwegian petroleum sector ⓘ
offshore infrastructure development ⓘ
state revenues from petroleum ⓘ
implementedBy Norwegian Petroleum Directorate ⓘ
includes Awards in Predefined Areas ⓘ
numbered licensing rounds ⓘ
involves public consultation ⓘ
strategic environmental assessment ⓘ
legalBasis Norwegian Petroleum Act ⓘ
Norwegian Petroleum Regulations ⓘ
licenseType exploration license ⓘ
production license ⓘ
numberedRoundsCharacteristics covers frontier and less explored areas ⓘ
objective ensure high HSE standards ⓘ
maximize value creation from petroleum resources ⓘ
protect the environment ⓘ
resource management in the public interest ⓘ
participants Norwegian oil companies ⓘ
international oil companies ⓘ
purpose award exploration rights for petroleum ⓘ
award production rights for petroleum ⓘ
regulates gas exploration ⓘ
gas production ⓘ
oil exploration ⓘ
oil production ⓘ
requires work program commitments ⓘ
resultsIn production licenses ⓘ
selectionCriteria HSE performance of companies ⓘ
exploration strategy ⓘ
financial strength of companies ⓘ
technical competence of companies ⓘ
startDate 1965 ⓘ

How these facts were elicited

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Ministry of Petroleum and Energy (Norway) → oversees → Norwegian petroleum licensing rounds ⓘ