Three consortiums are granted exploration and exploitation licences in the Greenland Sea

The Government of Greenland has decided to grant exclusive exploration and exploitation licences to three consortiums in the following four blocks in the Greenland Seas area in North East Greenland.

  • Statoil, ConocoPhillips and NUNAOIL is awarded an exclusive licence to exploration and exploitation of hydrocarbons in the Greenland Sea area, licence bloc 6 (“Avinngaq”)
  • ENI, BP, DONG and NUNAOIL is awarded an exclusive licence to exploration and exploitation of hydrocarbons in the Greenland Sea area, licence bloc 8 (”Amaroq”)
  • Chevron, GreenPex, Shell and NUNAOIL is awarded an exclusive licence to exploration and exploitation of hydrocarbons in the Greenland Sea area, licence bloc 9 (”Umimmak”)
  • Chevron, GreenPex, Shell and NUNAOIL is awarded an exclusive licence to exploration and exploitation of hydrocarbons in the Greenland Sea area, licence bloc 14 (”Nerleq”)

“It is with great pleasure, I note that we were able to attract the largest oil companies in the world to explore for oil and gas in our area. It increases our belief that they are able to find oil and gas in commercial quantities”, Minister for Industry and Mineral Resources, Jens-Erik Kirkegaard, states. The minister furthermore underlines that “all exploration for oil and gas is conducted by following the highest achievable standards when it comes to protecting the marine environment and living resources in the sea”.

The granting of the licence blocs is based on the following criteria:

1. The companies experience with oil and gas activities
2. The companies’ financial capacities
3. The companies health, safety and environment policies as well as their work programs for exploration

 

The closing date for applications in the second round was October 15th 2013. The Bureau of Minerals and Petroleum received 3 applications.

For further questions, please contact:
Information officer Oline Inuusuttoq Olsen, Ministry of Industry and Mineral Resources, phone no. +299 345 656