The UK Oil and Gas Authority (OGA) reports that 29 bids have been submitted covering 113 blocks in the latest offshore licensing round which targeted under-explored areas of the UK Continental Shelf (UKCS). "The 29th Frontier Licensing Round is the first licensing round in two decades to focus on frontier areas. Applications were received from 24 companies ranging from multinationals to new country entrants. Proposed work programmes include firm well commitments," the OGA said.
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