The Norwegian Oil and Energy Department (OED) has announced a delayed timeline for both the Sørlige Nordsjø II and Utsira Nord round, marking the second time the round have been moved.
The new date for Sørlige Nordsjø II has been set to 15 of November, a two-week postponement, while the Utsira Nord round has no new date, but is expected at the start of 2024. Developers have expressed concerns about the increased costs and the subsidies the Norwegian government is willing to offer being to low, warning that the rounds may end up with no bids.
