Swedish Lundin Petroleum are among the companies that received licenses.
“It’s the first time, this acreage is made available for oil and gas exploration and new 3D seismic data available of the area means that these structures are ready for drilling, “write Kristin Færøvik, president of the Norwegian subsidiary Lundin Norway in a statement.
the area where the licenses are awarded located in a sea area bordering Russian waters and among license recipients include Russian Lukoil and DEA.
“the potential is enormous. If the companies are successful in their exploitation will northern Norway to enter into a new era,” writes the Norwegian Energy Minister Tord Lien (FRP) in a comment.
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