* BP only major not to apply
* Norway expects to award licences in January
* Exploration interest still rising
OSLO, Sept 13 A record 50 oil companies,
including all but one of the majors, applied to take part in
Norway's mature areas licencing round, indicating continued
exploration interest even as the country's oil production sinks
to a 25-year low in 2013.
"This year there is especially great interest in available
acreage in the northern part of the North Sea and the central
part of the Norwegian Sea," the Norwegian Petroleum Directorate
said in a statement. "We also notice an increased interest in
the Barents Sea in relation to previous years.
"We see substantial competition for acreage that has been
awarded several times before," it added.
The oil ministry said it expects to award licences in
Exploration interest has taken off in areas once considered
depleted as major finds, including the giant Johan Sverdrup
field with up to 3.3 billion barrels of oil, revived hopes.
High oil prices, improved recovery methods and a 78 percent
government rebate on drilling costs have also boosted interest.
Although most finds in mature areas cannot support a
standalone development, a vast network of infrastructure off the
Norwegian coast will make many of the projects viable, the
Oil majors seeking to take part include Statoil,
Royal Dutch Shell, Chevron, ConocoPhillips
, ENI, ExxonMobil and Total.
BP, a big operator in Norway, did not apply.
In 2012, Norway received applications from 47 companies in
the mature areas licencing round and awarded 51 licences,
primarily in the North Sea.