Author Archives for morten

Concedo with 15% in oil discovery in the Northern North Sea

March 26, 2025 7:55 am Published by Comments Off on Concedo with 15% in oil discovery in the Northern North Sea

A quote from DNO’s announcement today: Oslo, 26 March 2025 – DNO ASA, the Norwegian oil and gas operator, today announced an important oil and gas discovery in Northern North Sea license PL1182 S in which the Company holds a 40 percent operated interest. The discovery was made in Paleocene... More


Concedo awarded three licences in the APA 2024

January 14, 2025 1:21 pm Published by Comments Off on Concedo awarded three licences in the APA 2024

Concedo is pleased with the award of three North Sea licences in the APA 2024: PL 1251: DNO Norge AS (op) 50%    Concedo AS 50% PL 1253: A/S Norske Shell (op) 30%   Concedo AS 20%   Equinor Energy AS 30%   Petoro AS 20% PL 1254:  Vår Energi ASA (op) 40% ... More


Dry well in the North Sea (24/12-8 S)

January 14, 2025 7:32 am Published by Comments Off on Dry well in the North Sea (24/12-8 S)

The Norwegian Offshore Directorate: 14/01/2025 Aker BP and its partner Concedo drilled the dry well 24/12-8 S near the Bøyla field in the North Sea. This well, “Rumpetroll South”, is a follow-up to the discovery made in well 24/9-13 – “Rumpetroll”, in 2019. The wells are located in production licence 869. This production... More


Vår Energi completes sale of Bøyla asset as part of portfolio optimisation

November 1, 2024 8:52 am Published by Comments Off on Vår Energi completes sale of Bøyla asset as part of portfolio optimisation

Vår Energi completes sale of Bøyla asset as part of portfolio optimisation Sandnes, Norway 1 November 2024: Vår Energi ASA (OSE: VAR) completes the sale of its 20% interest in the Bøyla field to Concedo AS for an after-tax consideration of USD 24 million. The transaction with Concedo AS is... More


Concedo aquires 20% of the Bøyla production asset from Vår Energi

May 24, 2024 1:25 pm Published by Comments Off on Concedo aquires 20% of the Bøyla production asset from Vår Energi

Vår Energi’s stock exchange anouncement: 24.05.2024 14:47:41 Vår Energi sells Bøyla asset as part of portfolio optimisation Vår Energi ASA Sandnes, Norway 24 May 2024: Vår Energi ASA (OSE: VAR) has signed an agreement with Concedo AS for the disposal of a 20% interest in the Bøyla field for a... More


Concedo is awarded in the APA 2023 Concession Round.

January 17, 2024 8:19 am Published by Comments Off on Concedo is awarded in the APA 2023 Concession Round.

Concedo AS is very pleased with the recent awards in the APA 2023 Concession Round. The two awarded licences are both located in the North Sea: PL1209 is located in Blocks 30/3,6 and Concedo was awarded a licence share of 30%. Licence partners are DNO (operator with 40%) and Equinor... More