
Concedo completes acquisition of Fenja and Vidsyn
We are pleased to announce the completion of our acquisition of a 25% interest in licenses PL 586 and PL 586 B. The transaction has received all necessary approvals from Norwegian authorities.


We are pleased to announce the completion of our acquisition of a 25% interest in licenses PL 586 and PL 586 B. The transaction has received all necessary approvals from Norwegian authorities.

Joining OFFB (The Operator’s Association for Emergency Response) gives our team access to an experienced emergency response network as we prepare for future operations. We look forward to working closely with the team at OFFB and the rest of the operator community.

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.
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% Concedo AS 20% Equinor Energy AS 20% Petoro AS 20%

