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Idea of a Norwegian oil fund
The idea of a Norwegian oil fund is conceived as prime minister Einar Gerhardsen and his government claims sovereignty over the Norwegian continental shelf -
Phillips Petroleum permission
Phillips Petroleum sent an application to the Norwegian authorities requesting permission for exploration activities in the North Sea -
Norway’s first licensing
Norway’s first licensing round was announced on 13 April 1965, and 22 production licences were awarded, covering 78 geographically delimited areas (blocks)