This is in the Norwegian shelf. But looks good for activity that should translate to North Sea. Also quote below, underscores Finders philosophy.
Norway’s Minister of Energy, Terje Aasland, said: “Awarding new licences through the awards in predefined areas is a pillar in the continued development of the Norwegian shelf. To see such great interest in further exploration activity is very encouraging. This is important for both employment and value creation, as well as for facilitating Norway’s role as a stable energy supplier to Europe.” NPD director of licence management Kalmar Ildstad said: “We can see that the companies still have plenty of faith in making more discoveries in areas with familiar geology and close to existing infrastructure.
“It is important to prove resources so that available capacity in established process plants and pipeline systems can be utilised. This means that even small discoveries can yield significant value creation.”
