Seven companies have received offers of ownership interests in a total of four production licenses on the Norwegian Shelf in the 25th licensing round.

The following companies were offered shares (shares/operatorship):

• A/S Norske Shell (1/0)
• Equinor Energy AS (2/2)
• Idemitsu Petroleum Norge AS (1/0)
• INEOS E&P Norge AS (1/1)
• Lundin Energy Norway AS (2/0)
• OMV (Norway) AS (1/0)
• Vår Energi AS (1/1)

Acreage available for application in the Norwegian Sea in 25th licensing round.

Acreage available for application in the Barents Sea in 25th licensing round.

The 25th licensing round was announced on November 19, 2020. The application deadline was February 23, 2021. Companies could apply for licenses in nine different areas; eight in the Barents Sea and one in the Norwegian Sea. After the application deadline, the authorities assessed the applications and negotiated with the relevant companies about possible areas and a binding work program.

KeyFacts Energy Industry Directory: Norwegian Petroleum Directorate