Norway Awards 53 New Oil and Gas Licenses in Strategic Move to Secure European Energy Supply

The Norwegian Ministry of Energy has awarded 53 new production licenses on its continental shelf as part of its annual APA 2024 licensing round, reinforcing the country’s commitment to maintaining its position as a stable energy supplier to Europe.

Energy Minister Terje Aasland emphasized the strategic importance of these awards, stating that “continued development of the Norwegian continental shelf is important for employment, value creation, and the ripple effects of petroleum activities on the mainland going forward.”

The licenses are strategically di…