INTERNATIONAL NEWS

Norway Begins Offshore Bid Round, As Petrobras Offers More Shallow-water Fields

The Norwegian Ministry of Petroleum and Energy has launched the awards in pre-defined areas (APA 2020) round, offering blocks in the North Sea, Norwegian Sea, and Barents Sea.

Deadline for applications is midday, Sept. 22.

Awards should follow during 1Q 2021.

Since APA 2019 the acreage offered has been expanded to include 36 more blocks in the Norwegian Sea.

Applicants can apply for all available blocks or parts of blocks within the pre-defined areas.

In a separate development, Petrobras has started the opportunity disclosure stage to sell its operated working interests in the Atum, Xaréu, Curimã, and Espada fields in the Ceará basin offshore Brazil.

 

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