15 Sept 2021: The Ministry of Petroleum and Energy received applications from 31 companies in connection with the announcement of Allocation in Predefined Areas (APA) 2021. The Ministry’s announcement includes some good lessons on resource management:
It is gratifying that the oil companies still see good opportunities on the Norwegian shelf. Exploration is important for maintaining activity and good resource management, and it lays the foundation for value creation and safe jobs throughout the country, says Minister of Petroleum and Energy Tina Bru.
Predictability about which areas it is possible to apply for in APA and regular replenishment of new area is important to achieve an effective exploration. APA rounds are therefore conducted annually.
Ministry of Petroleum and Energy
Bud's Offshore Energy (BOE) 
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