Petrolia NOCO Awarded 3 Licenses in APA 2020

Source: www.gulfoilandgas.com 1/19/2021, Location: Europe

Petrolia NOCO was awarded three licenses today by the Norwegian Ministry of Petroleum and Energy. The licenses (PL 1106 20% , PL 1107 30%) are located in the northern North Sea and one operated license (PL 1013 B 60%) in the Norwegian Sea.

The addition of these licenses to Petrolia NOCO’s portfolio means that it continues to deliver on its near field exploration strategy. The award strengthens the Company’s position in its core area of the Tampen Hub, where it holds 20% in the Dugong discovery (PL 882) and 30% share in the adjacent PL 992 and PL 994 licenses. More exploration drilling is planned in the Tampen area in 2021, including the Dugong Tail exploration well and Dugong Appraisal well. Petrolia NOCO looks forward to collaborating on de-risking the prospects identified in the newly awarded acreage in collaboration with our existing partners Neptune Energy Norge AS, DNO ASA, Lundin Norway AS and new partners Wintershall DEA, Petoro.


Turkey >>  5/7/2021 - Valeura Energy Inc. (VLU) ("Valeura"), an upstream oil and gas company with assets in the Thrace Basin of Turkey, is pleased to announce that all Turk...
Poland >>  5/6/2021 - With the closing of the agreement, which was first announced on 10 February 2021, PGE and Ørsted now each own 50% of the shares in the offshore wind p...

United Kingdom >>  5/6/2021 - Jersey Oil & Gas (JOG), an independent upstream oil and gas company ?focused on the UK Continental Shelf ("UKCS") region of the North Sea, is pleased ...
Brazil >>  5/5/2021 - Petro-Victory Energy has updated the market on the acquisition and closure of nine (9) onshore oil concessions in Brazil. This acquisition adds 63,583...

Poland >>  5/5/2021 - Equinor has completed an agreement to buy 100% of the shares in Polish onshore renewables developer Wento from the private equity firm Enterprise Inve...
United States >>  5/5/2021 - ALLETE Clean Energy, a wholly owned subsidiary of ALLETE, Inc., has acquired the Red Barn wind project and signed an asset sales agreement with WEC En...




Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.