DNO
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DNO outbid Genel Energy for the deal, which Genel said it may challenge, according to a filing with the London Stock Exchange.
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Equinor, Aker BP, DNO Norge, and Vår Energi received the most licensing offers in APA 2025.
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Plans call for license partner Aker BP to serve as operator during the development phase, with operatorship reverting to DNO after first oil in 2028.
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Updates about global exploration and production activities and developments.
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This is DNO's tenth significant find in the hotspot area offshore Norway.
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Updates about global exploration and production activities and developments.
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Find could hold as much as 130 million BOE.
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The final investment decision for the 2016 discovery is expected to come in early 2024.
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The Carmen gas discovery offshore Norway was far bigger than expected and a short tieback away from production.
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