Norway offers up to 70 new oil and gas drilling permits

The energy ministry also said it has approved a development plan from ConocoPhillips and partners to re-open the Albuskjell, Vest Ekofisk, and Tommeliten Gamma fields that were shut in 2019.

The late-life assets still hold some 90 million-120 million barrels of oil equivalent in natural gas and condensate, according to the companies.

Investments are expected to total 19 billion Norwegian crowns ($2.05 billion), with production to start in 2028 and running until 2048, the ministry said.

(Reporting by Terje Solsvik and Nora Buli, editing by Louise Rasmussen)