DNO Receives 10 Awards in Norway's APA Licensing Round

Source: www.gulfoilandgas.com 1/14/2020, Location: Europe

DNO ASA, the Norwegian oil and gas operator, announced that its wholly-owned subsidiary DNO Norge AS has been awarded participation in 10 exploration licenses, of which two are operatorships, under Norway's Awards in Predefined Areas (APA) 2019 licensing round.

Of the 10 new licenses, five are in the North Sea, two in the Norwegian Sea and three in the Barents Sea. Prior to today's announcement, DNO held interests in 87 licenses offshore Norway, of which 22 are operated by the Company.

The new awards under the APA 2019 licensing round include:

- PL1083: Lundin Norway AS (operator), Petoro, DNO Norge AS (30%).
- PL1077: Equinor Energy AS (operator), DNO Norge AS (40%).
- PL1076: Equinor Energy AS (operator), DNO Norge AS (50%).
- PL1070: Total E&P Norge AS (operator), Var Energi AS, DNO Norge AS (30%).
- PL1056: AS Norske Shell (operator), Petoro, Wintershall DEA Norge AS, DNO Norge AS (20%).
- PL1048: Lundin Norway AS (operator), DNO Norge AS (50%).
- PL987 B: Suncor Energy Norge AS (operator), Var Energi AS, Lundin Norway AS, DNO Norge AS (20%).
- PL055 E: Wintershall DEA (operator), Repsol Norge AS, Var Energi AS, Neptune Energy Norge AS, DNO Norge AS (14.2567%).
- PL984 BS: DNO Norge AS (operator, 40%), Var Energi AS, Source Energy AS.
- PL1036: DNO Norge AS (operator, 60%), Source Energy AS.


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Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 


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