First licensing terms specified First NCS licensing round

Establishing Norwegian subsidiaries

by Trude Meland, Norwegian Petroleum Museum

Petropar Norge A/S (later Elf Norge A/S) was created on 15 June, just in time to submit an application in the first Norwegian offshore licensing round.

— Map over the continental shelf from 1965. The different companies are listed with color codes. Historical map from the Norwegian Petroleum Directorate

Pursuant to the decree of April 1965, all foreign applicants were required to establish a subsidiary registered in Norway and with permanent representation in the country. This meant that all the French partners in Petronord had to form Norwegian subsidiaries.

Total Marine Norsk AS (TMN) was founded on 19 July 1965 as a member of the Total Compagnie Française des Pétroles (CFP) group. Auxirap Norge A/S was formed on 16 July, and Aquitaine Norge A/S on 13 August.

First licensing terms specified First NCS licensing round

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Published October 24, 2017 • Updated May 19, 2020