Equinor Gets 23 New Production Licenses on Norwegian Continental Shelf
15 January 2020 - 01:52AM
Dow Jones News
By Dominic Chopping
Equinor ASA (EQNR.OS) said Tuesday that it has been awarded 23
new production licenses by Norway's Ministry of Petroleum and
Energy, with 14 of the licenses being Equinor-operated and 9
partner-operated.
"The award enables us to mature new prospects and prove
profitable resources that can be developed within the scope of our
new climate roadmap for the Norwegian continental shelf," says Nick
Ashton, Equinor's senior vice president for exploration in Norway
and the U.K.
Equinor has been awarded 8 production licenses in the North Sea,
8 in the Norwegian Sea and 7 in the Barents Sea.
Write to Dominic Chopping at dominic.chopping@wsj.com
(END) Dow Jones Newswires
January 14, 2020 09:37 ET (14:37 GMT)
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