Monday 18 June 2018

The Norwegian Ministry of Petroleum and Energy has offered Equinor 7 licences in the 24th licensing round – 5 operatorships and 2 partner positions.

The award includes a commitment well in the southwestern part of the Barents Sea. Equinor has also been offered an interesting licence in deep waters in a frontier part of the Vøring Basin in the Norwegian Sea.

In contrast to the awards of the 23rd licensing round, the majority of these awards are less mature and therefore require more work before the drilling candidates are ready. Consequently, Equinor will gather and interpret data before the licences are presented to the partners who will decide on any drilling of exploration wells.

In the 24th licensing round Equinor has been offered new production licences in the following areas:

- 100 % share and operator for production licence PL957 (blocks 6201/6 og 6202/4)

- 50 % share and operator for production licence PL959 (blocks 6503/8, 11, 12 og 6504/10, 11)

- 40 % share and operator for production licence PL960 (blocks 7018/4, 5)

- 50 % share and operator for production licence PL961 (blocks 7116/6 og 7117/4, 5)

- 70 % share and operator for production licence PL966 (blocks 7325/2, 3, 6, 8, 9 og 7326/4, 7, 8, 9 og 7327/7, 8 og 7426/10, 11)

- 30 % share and partner for production licence PL963 (blocks 7422/10, 11) - AkerBP is the operator

- 35 % share and partner for production licence PL537B (block 7324/4) - OMV is the operator