News - 2014

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The Byrkje well has spud (PL 607)

Published 03/03/2014

With reference to the PL607 Operators’ (GdF Suez) press release Concedo has the following information: On Friday 28 February the drilling rig Transocean Barents came on contract for GDF SUEZ E&P Norge AS to drill the exploration well 7218/8-1 Byrkje in PL 607. Transocean Barents has finished it’s operation at... More


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Novus well resulted in a small oil and gas discovery

Published 27/01/2014

The Novus exploration well, 6507/10-2S in the Norwegian Sea resulted in a small oil and gas discovery. The licence operator, Faroe Petroleum, has published more information on their website (http://www.fp.fo/Default.aspx?pageid=1031&NewsItemID=17816 ), of which the key information is as follows:   The Faroe-operated Novus exploration well 6507/10-2S in the Norwegian Sea... More


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Concedo ASA is awarded in the APA 2013 Round

Published 22/01/2014

Concedo ASA is pleased with the recent awards in the APA 2013 Round. Seven licences were awarded to Concedo: Four licences in the North Sea, one in the Norwegian Sea and two in the Barents Sea. The Licences awarded to Concedo are: Production Licence: 670 B Block(s): 7/11 Tullow Oil... More