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Norway Grants 57 Drilling Licenses in Offshore Oil and Gas Exploration Round

January 14, 2026AL24 | الاقتصادal24news.dzTranslated from Arabic
AL24 | الاقتصاد

Norwegian Energy Minister announced on Tuesday the granting of 57 licenses for oil and gas exploration off its coasts, to 19 companies in the annual licensing round, just over a year ago, and proposed to offer 70 new areas next year. Energy Minister Terje Aasland stated on Tuesday that the licenses were awarded to 19 companies. The ministry granted 31 licenses in the North Sea, and 21 ...

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Algeria has become the top supplier of naphtha to South Korea during the first half of 2026, with a share of 17.2% of the country's total imports of this material, surpassing the United Arab Emirates, the United States, India, and Oman, according to data from the Korea International Trade Association (KITA) reported by the Embassy of the Republic of Korea in Algeria. KITA's figures showed that Algeria's share of South Korea's naphtha imports reached 17.2% during the first six months of the year, compared to 14.5% for the United Arab Emirates, 13.0% for the United States, 9.7% for India, and 9.3% for Oman. View the full content on Echourouk Online.

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