Markets

Norway gets applications from 47 firms for oil licences

Published September 11, 2014 Updated September 11, 2014 07:33am

1 min

By Shoaib Ur Rehman

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OSLO: Norway received applications from 47 energy firms for licenses in oil and gas areas that are already open for exploration and production off Norway, oil and energy minister Tord Lien said on Thursday.

In the 2013 licencing round for mature areas, Norway received applications from 50 companies and eventually awarded 65 licences to 48 companies.

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