Norway plans new blocks in the Barents Sea

Norway plans new blocks in the Barents Sea

Norwegian Minister of Petroleum and Energy Kjell-Borge Freiberg proposes to add 90 new blocks across the Norwegian Continental Shelf. More than half of the proposed blocks are in the Barents Sea. Norway currently has only one producing field in the Barents Sea – Var Energi’s Goliat, with Equinor’s Johan Castberg field expected to be the second in 2022.