Skip to main content
  1. Home
  2. Exploration
  3. 15 Jan 20
  4. Equinor awarded 23 production licences in Norwegian continental shelf

Equinor awarded 23 production licences in Norwegian continental shelf

Published by , Editor
Oilfield Technology,

Equinor has been awarded 23 new production licences by the Ministry of Petroleum and Energy during the awards in predefined areas (APA) 2019 – 14 of the licences are Equinor-operated and 9 are partner-operated.

8 of the production licences are in the North Sea, 8 in the Norwegian Sea and 7 in the Barents Sea.

“The award enables us to mature new prospects and prove profitable resources that can be developed within the scope of our new climate roadmap for the Norwegian continental shelf (NCS),” said Nick Ashton, Equinor’s senior vice president for exploration in Norway and the UK.

“Our infrastructure-led exploration on the NCS has been successful for many years. This provides a good basis for high profitability and a low carbon footprint. In addition, we are actively pursuing new ideas in selected areas that meet the same criteria. This applies to the North Sea, as well as the Norwegian Sea and the Barents Sea, where we see potentials in the Castberg, Wisting, Goliat and Snøhvit areas. We are pleased with the opportunities that today’s award by the Ministry of Petroleum and Energy provides” added Ashton.

Read the article online at: https://www.oilfieldtechnology.com/exploration/15012020/equinor-awarded-23-production-licences-in-norwegian-continental-shelf/

You might also like

CGG commences Côte d’Ivoire project near Baleine Field

CGG has announced the start of a new multi-client 3D PSDM reimaging programme in the Tano Basin offshore Côte d’Ivoire in association with the country’s Direction Générale des Hydrocarbures (DGH) and national oil company, PETROCI Holding (PETROCI).

 
 

Embed article link: (copy the HTML code below):