(Source: Shutterstock.com)
Norway’s Ministry of Energy selected Equinor ASA to participate in 27 new production licenses in this year’s Awards in Predefined Areas round. Aker BP ASA was selected for 19 licenses, Vår Energi ASA for 16, and DNO ASA for 13.
The ministry granted 53 licenses to 20 participating companies, with 33 in the North Sea, 19 in the Norwegian Sea and one in the Barents Sea, it said in a release. The annual licensing rounds were introduced in 2003.
Aker will be the operator in 16 of its 19 licenses. Equinor was awarded seven operatorships, Vår five and DNO four.
"The annual award of pre-defined areas is crucial to ensure high export levels over time," said Jez Averty, Equinor's senior vice president for subsurface, the Norwegian Continental Shelf. “Our ambition is to drill around 250 exploration wells by 2035.”
Recommended Reading
Classic Rock, New Wells: Permian Conventional Zones Gain Momentum
2024-12-02 - Spurned or simply ignored by the big publics, the Permian Basin’s conventional zones—the Central Basin Platform, Northwest Shelf and Eastern Shelf—remain playgrounds for independent producers.
Freshly Public New Era Touts Net-Zero NatGas Permian Data Centers
2024-12-11 - New Era Helium and Sharon AI have signed a letter of intent for a joint venture to develop and operate a 250-megawatt data center in the Permian Basin.
Huddleston: Haynesville E&P Aethon Ready for LNG, AI and Even an IPO
2025-01-22 - Gordon Huddleston, president and partner of Aethon Energy, talks about well costs in the western Haynesville, prepping for LNG and AI power demand and the company’s readiness for an IPO— if the conditions are right.
E&P Highlights: Dec. 30, 2024
2024-12-30 - Here’s a roundup of the latest E&P headlines, including a substantial decline in methane emissions from the Permian Basin and progress toward a final investment decision on Energy Transfer’s Lake Charles LNG project.
Liberty Energy, DC Grid to Collaborate on Turnkey Power Solutions
2025-01-08 - Liberty Energy’s power solutions and DC Grid’s direct current systems will offer rapidly deployed, scalable and sustainable power for data centers, among other uses.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.