Concedo awarded two licences in the APA 2025

About Us

The company

Responsibility

License portfolio

Attractive Acreage & Infrastructure

High-potential exploration licenses, primarily located in the prolific Northern North Sea in close proximity to existing infrastructure.

Near-Term Drilling & Maturation

Upcoming Blåmann 2 exploration well (PL 1168) in the Barents Sea (2027). We continue the active maturation of key prospects to ensure a robust and consistent drilling pipeline.

Operatorship & APA 2025 award

Secured Concedo’s first operatorship with PL 1292, while further strengthening our North Sea position through the addition of the non-operated PL 1288 license.

Growth Potential through further exploration

Continuous evaluation of open acreage and strategic farm-in opportunities to drive portfolio value.

News & Reports

News

News archive

Annual Reports

Annual reports archive

Latest news

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.

Concedo is now a member of OFFB

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 acquires a 25% interest in the Fenja and Vidsyn assets from Vår Energi

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.

The people