Equinor Secures 26 New Production Licenses
Licenses include a dozen in the North Sea, 10 in the Norwegian Sea and 4 in the Barents
Equinor has been awarded 26 new production licenses by Norway’s Ministry of Petroleum and Energy in the 2020 Award in Predefined Areas. A dozen of the licenses have the company as operator with the remaining 14 as partner. The production licenses are divided as follows: 12 in the North Sea, 10 in the Norwegian Sea, and four in the Barents Sea.
In 2022, Equinor plans to take part in around 25 exploration wells, mainly near existing infrastructure. Most of the wells will be drilled in the North Sea, some in the Norwegian Sea, and a few in the Barents Sea.