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Date ArticleType
6/4/2019 Member News
UK offers 37 licenses in offshore round

UK offers 37 licenses in offshore round

By Oil & Gas Journal

Thirty companies, some of them in groups, have received offers for the award of 37 licenses covering 141 blocks in the UK’s 31st offshore licensing round (OGJ Online, July 10, 2018
).

The frontier areas are in the Faroe-Shetland basin, Moray Firth, East Irish Sea, East Shetland Platform, Mid North Sea High, and English Channel.

The Oil and Gas Authority received 36 applications covering 164 blocks.

It offered 15 licenses in the Central North Sea (North), 11 in the Northern North Sea and West of Shetland, 4 each in the Southern North Sea and Irish Sea, and 3 in the Central North Sea (South).

Bidding was based on work programs.

Read more-
https://www.ogj.com/articles/2019/06/uk-offers-37-licenses-in-offshore-round.html