The North Sea Transition Authority (NSTA) announced May 3 it is offering 31 more licenses in the latest phase of the 33rd oil and gas licensing round. 

A total of 82 offers to 50 companies have been made in the round, which attracted 115 bids from 76 companies across 257 blocks and part-blocks.

The licenses offered in the round are expected to add an estimated 545 MMboe by 2050 and 600 MMboe through 2060.

The first tranche offered 27 licenses in October 2023, with the second tranche in January 2024 offering 24 licenses.

The awarded licensees, blocks and stakes for the third tranche are:

  • Albion Energy, blocks 43/24c, 43/29, 43/30, 43/25, 44/21c, 100%
  • Bridge Petroleum, blocks 42/30b, 43/26b, 100%
  • dCarbonX, Block 110/3b, 100%
  • Deltic Energy, blocks 43/2b, 43/3b, 43/4b, 43/9, 43/14a, 47/5e, 47/10c, 48/6c; 100%
  • Finder Energy, blocks 14/23a, 14/24a, 14/27a, 14/28a, 14/29a, 14/30a, 100%
  • Finder Energy, blocks 20/1b, 20/2d, 20/3a, 20/6d, 20/7d, 20/8c, in partnership with Dana Petroleum
  • Hartshead Resources, blocks 44/19b, 44/21d, 44/22, 44/23b, 44/27, in partnership with Meridian Resources
  • Hartshead Resources, blocks 48/10, 48/14d, 4815b, 100%
  • Hartshead Resources, blocks 48/18c, 113/27c, in partnership with Comtrack Ltd.
  • Horizon Energy Partners Ltd., blocks 36/14a, 36/15a, 36/19, 36/20, 37/11a, 37/16, 36/30c, 42/5c, in partnership with Horizon Energy Acquisition Limited
  • Horizon Energy Partners Ltd., blocks 37/26, 37/27, in partnership with Horizon Energy Acquisition Ltd. and Reabold Southern North Sea
  • Ineos, blocks 43/12a, 43/13b, 43/12b, 43/13c, 43/14b, 43/17a, 43/18a, 43/19d, in partnership with One-Dyas
  • Neo Energy, blocks 22/23c, 22/28b, 100%
  • Neptune E&P, blocks 43/20c, 44/16a, 44/17a, 44/21b, 44/13a, 44/16c, 44/17b, 44/18a, 44/23a, 100%
  • One-Dyas, blocks 42/2b, 42/3, 42/4, 42/7a, 42/8a, 42/14a, 42/15b, in partnership with Shell
  • Orcadian Energy, blocks 50/21a, 50/26, 49/25b, 49/30b, 100%
  • Perenco UK, blocks 43/21a, 43/22a, 47/4d, 47/5d, 47/5b, 48/1a, 48/1b, 48/2b, 48/12a, 100%
  • Petrogas, Block 48/2c, 100%
Offshore