UK Offers North Sea Oil, Gas Licenses To BP, Shell, Dana, Others
27 Ottobre 2010 - 12:20PM
Dow Jones News
The U.K. government Wednesday said it had offered North Sea oil
and gas licenses to BP PLC (BP), ConocoPhillips (COP), ExxonMobil
Corp. (XOM), Total SA (TOT), Royal Dutch Shell SA (RDSB) Dana
Petroleum PLC (DNX.LN), Apache Corp. (APA) and others following the
most recent licensing round.
The government offered a total 144 licenses to various companies
to extract oil and gas in 268 blocks in U.K. waters, including the
west of Shetlands offshore area. The companies have yet to say
formally if they accept the licenses.
"It's encouraging to see the healthy level of interest there is
from industry to make the most of the U.K.'s still-substantial
resources of oil and gas," said U.K. Energy Minister Charles
Hendry.
"Whilst in the long-term, we want to decarbonize our energy
system, we have moved swiftly to offer these licenses as we must
realize the optimum value from the U.K.'s energy resources and
ensure secure energy supplies," he said.
The U.K.'s Department of Energy and Climate Change has decided
that 99 further blocks, comprised in 45 prospective licenses,
should be subject to more detailed assessments of the likely
effects of oil and gas activities on certain protected nature
conservation areas.
A decision on whether to grant licenses for these blocks will be
subject to the results of the environmental assessments, DECC
said.
-By Selina Williams, Dow Jones Newswires +44 207 842 9262;
selina.williams@dowjones.com
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