During the license round APA 2013 Norway has issued 65 licenses for development of oil and gas fields on the shelf of the country to 48 companies and 29 companies have obtained the status of the operator, said Norwegian Petroleum Directorate (NPD).
Of the distributed section 38 ones are located in the North Sea, 19 ones in the Norwegian Sea and 8 ones in the Barents Sea. “The oil companies are naturally still interested in further explorations works on the mature developed fields,” said Sissel Eriksen, NPD Director.
Norwegian Statoil company has obtained 10 licenses, 7 of which for the operator status. Majority of the sections are located in the North Sea.—0—
Economics
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Azerbaijan’s rice imports have surged as domestic production struggles to meet growing demand, underscoring the country’s reliance on foreign suppliers. Despite government initiatives to boost output, local production remains stagnant, with only 10,000 tons expected in the 2024-2025 season, while imports reached 55,961 tons between January and October 2024.
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Azerbaijan and Pakistan have signaled a growing commitment to deepen energy cooperation, with a focus on renewable energy initiatives, as Azerbaijani Energy Minister Parviz Shahbazov hosted a delegation led by Pakistani Federal Minister Abdul Alim Khan in Baku on January 30.
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Oil from Kazakhstan's largest field, Kashagan, has begun flowing into the Baku-Tbilisi-Ceyhan (BTC) pipeline. According to information from SOCAR, the first batch of this oil was received at the Sangachal terminal on January 27 and will be transported via BTC to the port of Ceyhan.
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Azerbaijan is accelerating the implementation of its socio-economic development strategy, focusing on digital transformation and strengthening cybersecurity. The government is allocating resources to human capital development, prioritizing the training of cybersecurity professionals, said Farid Osmanov, Chairman of the Board of the Innovation and Digital Development Agency, on January 30 during the fourth “Graduation Day” of the Azerbaijan Cybersecurity Center (AKM).
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