Iceland's first licensing round nets two bidders

摘要

Iceland's National Energy Authority (NEA), which recently launched the country's first-ever licensing round, said it received bids from two companies for exploration rights to the northern Dreki area. NEA said it received applications from Aker Exploration as well as a combined bid from Sagex Petroleum and Lindir Exploration for Blocks IS6708/1, IS6708/2, IS6808/11, and IS6909/11. NEA expressed disappointment in the low number of bidders, saying that the difficult conditions in the world economy as well as the low oil prices have undoubtedly affected other parties that were interested in the licensing round.