Concedo is pleased to announce the acquisition of a 25% interest in the Fenja and Vidsyn assets (PL 586 and PL 586 B) from Vår Energi. This transaction marks a major milestone for the company, increasing Concedo’s pro forma daily production in Q2 2026 from 1 200 to 3 200 boepd.
Including our 1st operated license!
Concedo received the operator pre-qualification letter from the Ministry of Energy on Thursday 16th October 2025. Final approval of Concedo as operator will be when Concedo obtains a production license as operator.
How we work
Our approach to exploration combines cutting-edge technology with decades of geological expertise.
Stratergy, visions and values
We create value for the community and our investors through commitment to quality, knowledge and creativity.
Our history
A journey from an exploration company to production and operatorship.
Our HSE policy
Being a focus area in our growth from partner to operator, Concedo’s objective is to conduct its operations without harm to people, the environment or assets.
Transparency act
Concedo assess if there is a risk of violations, or actual violations, of basic human rights and a lack of decent working conditions at suppliers', through the see-to duty and within our company.
