Ten new NCS licenses for Vår Energi

Vår Energi AS has today been awarded 10 new licenses on the Norwegian Continental Shelf, in the Awards in Predefined Areas licensing round for 2021. Five of these licenses will be operated by Vår Energi.

The licenses were awarded by the Ministry of Petroleum and Energy (MPE) on the 18th January.

“The new licences have a good strategic fit with our existing portfolio, strengthening our presence in key hubs while also offering additional attractive opportunities to potentially expand into new prospective sectors on the NCS,” says Torger Rød, the CEO of Vår Energi. “The annual APA rounds are important to the industry and supportive of our growth ambitions by providing access to areas near existing infrastructure enabling efficient exploration and field development.”

More information available on the Ministry of Petroleum and Energy’s website.