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Sval Energi awarded five licenses

Sval Energi was awarded five licenses, including one operatorship, in today´s announcement by the Ministry of Petroleum and Energy in the APA 2020 licensing round. All licenses are with solid partnerships and in attractive areas near existing infrastructure.

“I am very pleased that we today were awarded all the high-graded prospects we applied for in the APA 2020 licensing round. This affirms our ambitions and in-house competences to be an active explorer on the NCS going forward.

Exploration activity in general, and these licenses in particular, are important building blocks in our plans to build a solid portfolio of exploration, developments and production on the NCS,” says Jørgen Moe, Vice President Exploration in Sval Energi.

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