A Review of Licensing Awards in the NCS
14 June 2017

Nine licences were awarded in the Barents Sea. These were made to a total of 26 companies and were widely spread with 3 awards being in the new area along the border with Russia in the south-eastern Barents Sea. Additional awards were made close to the Alta and Wisting discoveries, with a view to adding to the already proved resources so allowing developments to progress. Work programmes included 4 exploration wells (to be spudded within 3 years) in the licences in the south-eastern Barents Sea.