Announcement of the Second Licensing Round on the Icelandic Continental Shelf
Orkustofnun, by the authority of the Ministry of Industry, Energy and Tourism has on 3 October 2011 announced the Second Licensing Round for hydrocarbon exploration and production licences on the Icelandic Continental Shelf, in the Dreki Area, Northeast of Iceland, in accordance with Icelandic laws and regulations, as well as international agreements between Iceland and Norway.
Individual applications for licenses may cover one or more of the blocks or part of blocks. Applicants are also encouraged to nominate a secondary area in case of an area of first choice overlapping with other applications.
Applications for hydrocarbon exploration and production licenses shall be submitted to Orkustofnun:
The National Energy Authority (NEA)
108 - Reykjavik
The application deadline has been set to 1600 hrs. GMT on 2 April 2012. The awards are scheduled to take place before the end of November 2012