Awards in the 25th Licensing Round on the Norwegian shelf
The Ministry of Petroleum and Energy offers Norske Shell, Equinor, Idemitsu Petroleum Norway, INEOS E&P Norway, Lundin, OMV (Norway) and Vår Energi four production licenses in the 25th licensing round. One is located in the Norwegian Sea and three in the Barents Sea.
The 25th licensing round and the annual APA rounds facilitate exploration and activity on the Norwegian shelf.
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Equinor has been offered production licences PL 1133 and PL 1134 in the Hoop area in the Barents Sea. The location will enable tie-in of any future discoveries to the Wisting field in the Barent Sea. The partners have scheduled the final investment decision for the Wisting licence by the end of 2022.