§ Mr. Moateasked the Secretary of State for Energy whether he will make an announcement regarding the seventh round of offshore licensing.
§ Mr. GrayThe seventh round offered (i) a number of blocks designated by my Department and (ii) a defined area of the northern North Sea from which companies were able to apply for any block or blocks of their own selection. I have today placed in the Library of the House a list of conditional licence awards for blocks in the latter category. The total number of awards is 42 and each of these attracts an initial payment of £5 million.
The assessment continues of applications for the designated blocks and I plan to announce awards in the new year.