Licensing Awards in the NCS
19 November 2018

In February 2018 the authorities awarded licences from the APA 2017 Round. A total of 22 were awarded in the Norwegian Sea of which 5 were additions to previous licences. Of the remaining 17 only 1 has a firm well commitment, PL 942 operated by Equinor covering blocks 6507/1 and 2. This article assesses the prospects in the new PLs but not the additions to previous PLs. It should be noted the name Equinor is used here although at the time of awards the company was called Statoil.