Moscow, January 10 - Neftegaz.RU. Equinor has been awarded 26 new production licences by the Ministry of Petroleum and Energy (MPE) in the 2022 Award in Predefined Areas (APA) – 18 licences as operator, and eight as partner.
The production licences are divided as follows:
- 16 in the North Sea,
- 9 in the Norwegian Sea,
- 1 in the Barents Sea.
In 2023 the company plans to participate in 25 exploration wells, most of them around existing infrastructure.
Jez Avery, Equinor’s senior vice president for subsurface in Exploration & Production Norway said:- Around 80 percent of the exploration wells will be drilled in known, mature areas.
- Discoveries near existing infrastructure require less volume to be commercially developed, and can be quickly put on stream and with low CO2.
- We thus maximize the value creation from existing infrastructure that has been developed over a long period on the NCS.
- Exploration is essential to our ambition to transform the NCS from and oil and gas province to a broad energy province.
- New gas volumes will be key to enabling the development of new value chains for hydrogen for Europe
