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The awards include eight production licenses in the North Sea, 13 in the Norwegian Sea, and eight in the Barents Sea. Equinor is the operator of 14 of the awarded licenses, and a partner in 25.
Norway's Ministry of Petroleum and Energy has offered 62 production licenses to 24 companies for further exploration activity on the NCS.
Oil and gas companies have set their sights on the Norway’s Arctic Barents Sea as they attempt to unlock new natural gas supply.
Equinor announces that it has been awarded 39 new production licenses by the Norwegian Ministry of Energy during the APA, the annual licensing cycle. Equinor was awarded 18 production licenses in the...
Sixteen of the new awards from the Norwegian Offshore Directorate add acreage to existing production licenses.